Home Market Currency Speculators retreat from bearish bets on Japanese Yen at 21-week high

Currency Speculators retreat from bearish bets on Japanese Yen at 21-week high

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By InvestMacro

The latest charts and statistics regarding the Commitment of Traders, (COT), data published by the Commodities Futures Trading Commission are here.

The most recent COT data are available through Tuesday, January 10th This chart shows how large market participants (for profit speculators, and commercial traders) were placed in futures markets. All currency positions are directly related to the US dollar. A bet for the Euro is a wager that the euro will rise against the dollar, while a betting against the euro would be a wager that the euro might fall against the dollar.

Weekly Speculator Changes led by Japanese Yen & Euro

The COT currency market speculation bets fell this week. Four of the eleven markets we cover had higher positioning, while seven markets had lower positions.

The Japanese Yen led the gains in currency markets with 11,487 contracts. Also, the EuroFX (5.067 contracts), Mexican Peso (2.995 contracts) as well as the Australian Dollar (2.577 contracts) had positive weeks.

The British Pound (-9.155 Contracts), the Brazilian Real (6,510 Contracts), and the Swiss…



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