26 May 2014
CoT: Specs keep overall positioning relatively unchanged - TDS
FXStreet (Bali) - According to the CFTC Commitments of Traders Report, specs kept their overall positioning relatively unchanged during the week ending on May 20th, TDS reports.
Key Quotes
"The aggregate change yielded a modest US$0.2 billion reduction in the implied USD net long position, driving the total bullish bet on the big dollar to a modest US$0.2 billion net long."
"The most prominent change was registered in JPY, as speculative investors extended their short covering by 10.9k contracts to yield a total net short of 53.8k contracts. This is the least bearish JPY positioning since November of 2012."
"Market participants remained quite sanguine regarding their views on MXN during the intervening week. The currency saw a net increase of 8.6k contracts to a net long of 77.3k., the largest bullish bet on MXN in more than 11 months. GBP and AUD also enjoyed improved investors’ sentiment towards them, with net long extensions of 1.3k and 2.3k contracts to 33.0k and 19.5k net longs, respectively."
"On the other hand, both NZD and CHF saw the opposite fate as they experienced a net long reduction in the order of 1.7k contracts, which left the former with a total 17.6k net long position, while net longs on the latter came down to 5.0k contracts."
"Lastly, investors were indifferent over the week in their perceptions towards the CAD. The currency saw a minor net short extension to –26.5k contract over the week ending on May 20th."
Key Quotes
"The aggregate change yielded a modest US$0.2 billion reduction in the implied USD net long position, driving the total bullish bet on the big dollar to a modest US$0.2 billion net long."
"The most prominent change was registered in JPY, as speculative investors extended their short covering by 10.9k contracts to yield a total net short of 53.8k contracts. This is the least bearish JPY positioning since November of 2012."
"Market participants remained quite sanguine regarding their views on MXN during the intervening week. The currency saw a net increase of 8.6k contracts to a net long of 77.3k., the largest bullish bet on MXN in more than 11 months. GBP and AUD also enjoyed improved investors’ sentiment towards them, with net long extensions of 1.3k and 2.3k contracts to 33.0k and 19.5k net longs, respectively."
"On the other hand, both NZD and CHF saw the opposite fate as they experienced a net long reduction in the order of 1.7k contracts, which left the former with a total 17.6k net long position, while net longs on the latter came down to 5.0k contracts."
"Lastly, investors were indifferent over the week in their perceptions towards the CAD. The currency saw a minor net short extension to –26.5k contract over the week ending on May 20th."