CFTC Commitments of Traders Report, 20 November 2012. The current COT report show that the net combined position of currency speculators flipped to the long side of the USD. Flipping positions is not a common occurrence.
Equities have continued their rally with no negative news to derail last week’s earlier trade. Fears of the ‘fiscal cliff’ were off the front page as President Obama tours South East Asia on what might be called...
Once again the Euro finance ministers assembled for another meeting in Brussels to discuss the Greek bailout. German Finance Minister Wolfang Schaueble, asked if there would be a new programme for Greece: “I said we have a...
CFTC Commitments of Traders Report, 13 November 2012. Once again the currency specs reduced their aggregate USD short position, and this time they took it down to only 5,960 contracts.
When traders get really good and bearish, how often does a market then turn around? I have often felt that it is the markets function to fool as many people as possible. After all, if it were...
CFTC Commitments of Traders Report, 06 November 2012. Speculators continue to cover their short USD positions, taking the net position down to only 42,006 contracts from last week’s total of 75,689 contracts. When dissecting the aggregate net...
CFTC Commitments of Traders Report, 30 October 2012. Speculators reduced their net short USD, as revealed in the latest COT report to 75.6K from 91.2K in the previous week. This is the 11th week specs have been short...
EURGBP. We had some interesting economic numbers released last week. Perhaps overlooked was the European M3 money supply report. This is the broadest measurement of the money supply and the quarterly and yearly growth numbers were both...
EURUSD. Reports Wednesday October 24 confirmed that the economic slowdown which has been plaguing the countries in Southern Europe is moving north. The German Manufacturing PMI (M/M) was down to 45.7 from 47.4 last month. The Services...
Markets have been under pressure this week. Currently, the Dow is down 1.6% to 13,132, and WTI crude is trading under 87 per barrel. This does not mean that the markets will not reverse but the bearish...
