Week 35: FX Speculators push Canadian Dollar, British Pound & Yen bets higher for multiple weeks

US Dollar Index Speculators drop their bets to lowest level since 2021


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Here are the latest links to our coverage of the Commitment of Traders data changes. Data updated through June 24th.


The COT currency market speculator bets were overall lower this week as four out of the eleven currency markets we cover had higher positioning.

Leading the gains for the currency markets was the Canadian Dollar (13,166 contracts) with the EuroFX (9,582 contracts), the New Zealand Dollar (4,043 contracts) and the Japanese Yen (1,400 contracts) also showing positive weeks.

The currencies seeing declines in speculator bets on the week were the British Pound (-8,462 contracts), the Brazilian Real (-6,962 contracts), the Mexican Peso (-6,716 contracts), the Australian Dollar (-3,172 contracts), the US Dollar Index (-3,066 contracts), the Swiss Franc (-888 contracts) and with Bitcoin (-377 contracts) also registering lower bets on the week.

See the charts…


Weekly Market Price Changes

See Weekly Price Changes for major markets and their performance.


COT Speculator Extremes

This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. See the charts…


COT Bonds

The COT bond market speculator bets were overall lower this week as just two out of the nine bond markets we cover had higher positioning.

Leading the gains for the bond markets was the SOFR 3-Months (98,926 contracts) with the 10-Year Bonds (72,768 contracts) also showing a positive week.

The bond markets with declines in speculator bets for the week were the 2-Year Bonds (-63,807 contracts), the Fed Funds (-42,736 contracts), the US Treasury Bonds (-27,610 contracts), the 5-Year Bonds (-20,348 contracts), the Ultra Treasury Bonds (-19,812 contracts), the Ultra 10-Year Bonds (-19,423 contracts) and with the SOFR 1-Month (-1,812 contracts) also seeing lower bets on the week.

See the charts…


COT Metals

The COT metals markets speculator bets were mixed this week as three out of the six metals markets we cover had higher positioning.

Leading the gains for the metals was Copper (5,633 contracts) with Platinum (1,985 contracts) and Palladium (740 contracts) also showing positive weeks.

The markets with declines in speculator bets for the week were Gold (-5,644 contracts), Silver (-4,227 contracts) and with Steel (-378 contracts) also registering lower bets on the week.

See the charts…


COT Soft Commodities

The COT soft commodities speculator bets were overall lower this week as just three out of the eleven softs markets we cover had lower speculator contracts.

Leading the gains for the softs markets was Wheat (13,390 contracts) with Cotton (5,439 contracts) and Soybean Oil (157 contracts) also having positive weeks.

The markets with the declines in speculator bets this week were Soybeans (-29,353 contracts), Corn (-23,326 contracts), Soybean Meal (-16,876 contracts), Coffee (-4,750 contracts), Cocoa (-4,110 contracts), Live Cattle (-2,477 contracts), Lean Hogs (-1,312 contracts) and with Sugar (-79 contracts) also registering lower bets on the week.

See the charts…


Have a Wonderful Trading Week

By InvestMacro.com

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators, non-commercials (for-profit traders), commercial traders and small traders were positioned in the futures markets.

The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).



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