Category : Paul Kavanaugh

The Currency Report

The Currency Report

Large Currency Speculators sharply increased net positions short British Pound while adding to net longs in Japanese Yen, latest CFTC data shows…

2016 03 28 CD

(Commitments of Traders Data)

The latest CFTC data Large Currency Speculators sharply increased net positions short British Pound while adding to net longs in Japanese Yen.  Significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that large speculators are positioning in the direction of the longer term trend.

The sleeper data in this report in my opinion is the Canadian dollar, which showed net shorts declined 17% this week, following last week’s 34% decline.  Continuing declines in net short positions by large specs in this ‘Commodity Currency’ may be indicative of short covering/profit taking following the declines we have seen since July 2015.

Due to the delayed dissemination of this information, this information should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

JY +53k, +17%                                    CD -15k, -20%

DA +18k, +9%                                    BP -37k, +176%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A solid 20.28% decrease from 16,826 to 15,009 contracts net short of the Canadian dollar, which represents 3.86% of open interest;

A massive 176% increase from 13,619 to 37,723 contracts net short of the British Pound, which represents 9.79% of open interest;

A building 17.27% increase from 45,489 to 53,346 contracts long of the Japanese Yen, which represents 5.37% of open interest;

A trimming 14.83% decrease from 77,555 to 66,053 contracts net short of the Euro, which represents 3.55% of open interest;

A minor 9.85% increase from 16,413 to 18,030 contracts long the Australian dollar, which represents 1.45% of open interest;

A minor 0.93% increase from 17,511 to 17,674 contracts net long of the US Dollar Index, which represents 0.31% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators trimmed sharply their net short positions in E-Mini S&P 500 Stock Index Futures by 28.9% from 205,945 to 146,429 contracts.  Feel free to contact me directly for more specific information.

For more information on FuturePath Trading, LLC, PhotonTrader and other trading software demos as well as our Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

PhotonTrader Software Demo Offer

If you would like to test drive our PhotonTradng software,

Click on the image or link below to request your free 30-day demo today!

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Click Here to Request Demo

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

 

 

The Currency Report

Large Currency Speculators significantly reduced net short positions in British Pound and Canadian dollar, latest CFTC data shows…

BP Chart

2016 03 21 BP

(Commitments of Traders Data)

The latest CFTC data shows large Currency Speculators significantly reduced net short positions in British Pound and Canadian dollar.  Significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that large speculators are positioning in the direction of the longer term trend.

Given the magnitude of the reductions in net short position size in these two currencies; it could be further indication of profit taking by large speculators.  Due to the delayed dissemination of this information, this information should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

JY +45k, -30%                                     CD -16k, -34%

DA +17k, -33%                                   BP -13k, -72%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A sharp 34.73% decrease from 25,781 to 16,826 contracts net short of the Canadian dollar, which represents 5.29% of open interest;

A statistically overstated 4,179.07% reversal to long 5262 contracts from short just 129 contracts of the Swiss Franc, which represents 13.39% of open interest;

A striking 72.21% decrease from 49,005 to 13,619 contracts net short of the British Pound, which represents 13.98% of open interest;

A trimming 30.85% decrease from 64,333 to 45,489 contracts long of the Japanese Yen, which represents 14.17% of open interest;

A minor 7.70% increase from 72,007 to 77,555 contracts net short of the Euro, which represents 1.72% of open interest;

A significant 43.78% decrease from 29,195 to 16,413 contracts long the Australian dollar, which represents 12.78% of open interest;

A large 33.62% decrease from 26,378 to 17,511 contracts net long of the US Dollar Index, which represents 17.85% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators increased (basically maintained) their net short positions in E-Mini S&P 500 Stock Index Futures by 0.14% from 205,655 to 205,945 contracts.  Feel free to contact me directly for more specific information.

For more information on FuturePath Trading, LLC, PhotonTrader and other trading software demos as well as our Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

PhotonTrader Demo

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

 

 

The Currency Report

The Currency Report

Large Currency Speculators added to net long Australian dollar positions, while also boosting net short British Pound bets latest CFTC data shows…

(Commitments of Traders Data)

The latest CFTC data shows large Currency Speculators added to net long Australian dollar positions, while also boosting net short British Pound bets.  Significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that they large speculators are positioning in the direction of the longer term trend.

Due to the delayed dissemination of this information, this information should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

JY +59k, +7%                                      EC -72k, +5%

DA +29k, +47%                                  BP -49k, +48%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

An important 15.41% decrease from 30,478 to 25,781 contracts net short of the Canadian dollar, which represents 2.69% of open interest;

A 96.32% decrease from 3,507 to just 129 contracts net short of the Swiss Franc, which represents 6.79% of open interest;

A massive 48.19% increase from 33,068 to 49,005 contracts net short of the British Pound, which represents 5.33% of open interest;

A steady 7.89% increase from 59,626 to 64,333 contracts long of the Japanese Yen, which represents 1.62% of open interest;

A minor 5.06% increase from 68,541 to 72,007contracts net short of the Euro, which represents 0.8% of open interest;

A very significant 47% increase from 19,861 to 29.195 contracts long the Australian dollar, which represents 6.58% of open interest;

A minor 1.52% decrease from 26,785 to 26,378 contracts net long of the US Dollar Index, which represents 0.64% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators decreased their net short positions in E-Mini S&P 500 Stock Index Futures by 5.85% from 218,422 to 205,655 contracts.  Feel free to contact me directly for more specific information.

For more information on FuturePath Trading, LLC, PhotonTrader and other trading software demos as well as our Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

The Currency Report

The Currency Report

Large Currency Speculators trimmed short Canadian dollar bets, while adding to long Yen, latest CFTC data shows…

2016 03 07 cd

(Commitments of Traders Data)

The latest CFTC data shows large Currency Speculators trimmed short Canadian dollar bets, while adding to long Yen holdings.  Particular importance should be given to this recent change in Canadian positions, as it may be reflective of the short covering we are likely seeing in crude oil futures as well.

Significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that they large speculators are positioning in the direction of the longer term trend.

Due to the delayed dissemination of this information, this information should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

JY +59k, +13%                                    EC -68k, +46%

CD -30k, -17%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

An important 17.49% decrease from 36,940 to 30,478 contracts net short of the Canadian dollar, which represents 4.06% of open interest;

A 61.1% increase from 2,321 to 3,507 contracts net short of the Swiss Franc, which represents 6.04% of open interest;

A strong 19.08% increase from 33,068 to 33,.068 contracts net short of the British Pound, which represents 2.29% of open interest;

A building 13.07% increase from 52,734 to 6,891 contracts long of the Japanese Yen, which represents 2.63% of open interest;

A rebuilding 46.28% increase from 46,857 to 68,541 contracts net short of the Euro, which represents 5.19% of open interest;

A strengthening 107.43% increase from 9,575 to 19,861 contracts long the Australian dollar, which represents 8.37% of open interest;

A small 8.97% decrease from 29,425 to 26,785 contracts net long of the US Dollar Index, which represents 4.11% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators increased their net short positions in E-Mini S&P 500 Stock Index Futures by 4.95% from 208,122 to 218,422 contracts.  Feel free to contact me directly for more specific information.

For more information on FuturePath Trading, LLC PhotonTrader Software Demos and Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

The Currency Report

The Currency Report

Large Currency Speculators remain net short British Pound, latest CFTC data shows…

2016 02 29 BP

(Commitments of Traders Data)

Large Currency Speculators remain net short British Pound, while again adding to net longs in Yen.  The latest data showed a minor 8% decline in net short Sterling positions, which could simply be indicative of end of month position squaring.  According to the Wall Street Journal, the Pound sank to a 7 year low last week on the prospect of the UK leaving the European Union (‘Brexit ’ Fears).

Significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that they large speculators are positioning in the direction of the longer term trend.  That being said, in general that direction appears to include remaining net short British Pound.

Due to the delayed dissemination of this information, it should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

JY +52k, +10%                                    EC -46k, -2.8%

CD -36k, -18%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A trimming 18.07% decrease from 45,085 to 36,940 contracts net short of the Canadian dollar, which represents 5.16% of open interest;

A 46.77% decrease from 4,366 to 2,321 contracts net short of the Swiss Franc, which represents 4.85% of open interest;

A minor 8.79% decrease from 36,255 to 33,068 contracts net short of the British Pound, which represents 1.24% of open interest;

A significant 10.09% increase from 47,901 to 52,734 contracts long of the Japanese Yen, which represents 1.88% of open interest;

A steady 2.80% decrease from 48,205 to 46,857 contracts net short of the Euro, which represents 0.32% of open interest;

A reversing 441.11% increase from short 2,807 to long 9,575 contracts net of the Australian Dollar, which represents 10.36% of open interest;

A small 6.12% decrease from 31,342 to 29,425 contracts net long of the US Dollar Index, which represents 2.77% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators increased their net short positions in E-Mini S&P 500 Stock Index Futures by 31.06% from 158,805 to 208,122 contracts.  Feel free to contact me directly for more specific information.

For more information on FuturePath Trading, LLC PhotonTrader Software Demos and Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

The Currency Report

The Currency Report

Large Currency Speculators further trimmed net short Euro bets (by over 23%), while adding to net longs in Yen, latest CFTC data shows…

2016 02 15 Euro

(Commitments of Traders Data)

Large Currency Speculators further trimmed net short Euro bets (by over 23%) , while adding to net longs in Yen.  Trimming of bets short Euro may be indicative of profit taking by large speculators following significant declines since mid-2015, see chart on this page.  It should be highlighted that this week’s net short Euro position has declined to less than half of its level two weeks ago…

These significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that they large speculators are positioning in the direction of the longer term trend.  Due to the delayed dissemination of this information, it should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

JY +43k, +16%                                    EC -63k, -23%

AD -5k, -78%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A minor 0.93% decrease from 52,420 to 51,935 contracts net short of the Canadian dollar, which represents 0.31% of open interest;

An overstated 54.80% increase from 4,695 to 7,268 contracts net short of the Swiss Franc, which represents 4.88% of open interest;

A significant 19.37% decrease from 45,018 to 36,300 contracts net short of the British Pound, which represents 3.41% of open interest;

A strong 16.07% increase from 37,245 to 43,232 contracts long of the Japanese Yen, which represents 2.53% of open interest;

A stunning 23.75% decrease from 87,073 to 63,314 contracts net short of the Euro, which represents 5.38% of open interest;

A trimming 78.50% decrease from 26,168 to 5,626 contracts net short of the Australian Dollar, which represents 18.12% of open interest;

A small 21.97% decrease from 44,872 to 35,013 contracts net long of the US Dollar Index, which represents 12.99% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators increased their net short positions in E-Mini S&P 500 Stock Index Futures by 3.73% from 225,905 to 234,321 contracts.  Feel free to contact me directly for more specific information.

For more information on FuturePath Trading, LLC PhotonTrader Software Demos and Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

The Currency Report

The Currency Report

Large Currency Speculators cut back on net short Euro bets by over 30%, while also trimming net shorts in Canadian and Australian dollar, latest CFTC data shows…

2016 02 08 Euro

(Commitments of Traders Data)

Large Currency Speculators cut back on net short Euro bets by over 30%, while also trimming net shorts in Canadian and Australian dollar.  Trimming of bets short Euro, Australian and Canadian dollar may be indicative of profit taking by large speculators following significant declines since mid 2015, see chart above.

These significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that they large speculators are positioning in the direction of the longer term trend.  Due to the delayed dissemination of this information, it should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

JY +37k, -25%                                     CD -52k -23%

AD -26k -20%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A significant 23.83% decrease from 66,819 to 52,420 contracts net short of the Canadian dollar, which represents 10.42% of open interest;

A tiny 4.26% increase from 4,503 to 4,695 contracts net short of the Swiss Franc, which represents 0.32% of open interest;

A steady 1.57% decrease from 45,737 to 45,018 contracts net short of the British Pound, which represents 1.57% of open interest;

A sharp 25.55% decrease from 50,026 to 37,245 contracts long of the Japanese Yen, which represents 5.39% of open interest;

A key 31.55% decrease from 127,215 to 87,073 contracts net short of the Euro, which represents 9.94% of open interest;

A trimming 20.21% decrease from 32,798 to 26,168 contracts net short of the Australian Dollar, which represents 5.19% of open interest;

A small 1.46% increase from 44,225 to 44,872 contracts net long of the US Dollar Index, which represents 0

0.85% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators increased their net short positions in E-Mini S&P 500 Stock Index Futures by 71.31% from  131,871 to 225,905 contracts.  Feel free to contact me directly for more specific information.

For more information on FuturePath Trading, LLC PhotonTrader Software Demos and Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

The Currency Report

The Currency Report

Large Currency Speculators increased by nearly one third net long Yen positions while remaining net short of other major currencies save the US dollar, latest CFTC data shows…

2016 02 01 JY

(Commitments of Traders Data)

CFTC data released Friday January 29, 2016 shows Large Currency Speculators increased by nearly one third net long Yen positions while remaining net short of other major currencies save the US dollar.

These significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators have been doing over the longer term with their positions, with the assumption that they large speculators are positioning in the direction of the longer term trend.  Due to the delayed dissemination of this information, it should in no way be considered in any way as a trade recommendation or advice.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

JY +50k +32%                                     CD -66k +0.1%

AD -32k +9%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A mild 0.65% increase from 66,386 to 66,819 contracts net short of the Canadian dollar, which represents 0.26% of open interest;

A sharp 397.02% increase from 906 to 4,503 contracts net short of the Swiss Franc, which represents 6.46% of open interest;

A building 18.55% increase from 38,579 to 45,737 contracts net short of the British Pound, which represents 2.62% of open interest;

A significant 32.86% increase from 37,653 to 50,026 contracts long of the Japanese Yen, which represents 0.49% of open interest;

An important 7.15% decrease from 137,015 to 127,215 contracts net short of the Euro, which represents 2.44% of open interest;

A trimming 9.57% decrease from 36,267 to 32,798 contracts net short of the Australian Dollar, which represents 2.77% of open interest;

A small 3.39% increase from 42,775 to 44,225 contracts net long of the US Dollar Index, which represents 1.91% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators again decreased their net short positions in E-Mini S&P 500 Stock Index by 30.06% from 188,536 to 131,871 contracts.  Feel free to contact me directly for more specific information.

For more information on FuturePath Trading, LLC PhotonTrader Software Demos and Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

The Currency Report

The Currency Report

By Paul Kavanaugh

Large Currency Speculators again added to new recent net long positions in Japanese Yen, while significantly boosting existing net shorts of commodity currencies including Australian and Canadian dollar, latest CFTC data shows…

Canadian Dollar

(Commitments of Traders Data)

CFTC data released Friday January 22, 2016 shows large currency speculators increased long Yen positions by over 50%, building on two weeks’ ago reversal to net long.  This week’s data also showed over 50% increases in net short positions in the Canadian and Australian dollar.

These significant percent change moves highlight one of the main goals of this report; which is to keep an eye on what large speculators are doing over the longer term with their positions, with the assumption that they large speculators are positioning in the direction of the longer term trend.

The existing and building net short positions in commodity currencies like the Australian and Canadian dollar suggest the weakness in the commodity sector will continue over the near term in my opinion, which I have published in The Currency Report since 12/28/2015.

Highlighted Currency, net position and % change

Net Longs                                            Net Shorts

JY +37k +50%                                     CD -66k +128%

AD -36k +57%

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A sharp 128.66% increase from 29,032 to 66,386 contracts net short of the Canadian dollar, which represents 22.59% of open interest;

A reversing 127.26% change from long 3,324 to short 906 contracts of the Swiss Franc, which represents 127.26% of open interest;

A building 26.4% increase from 30,521 to 38,579 contracts net short of the British Pound, which represents 13.1% of open interest;

A substantial 50.22% increase from 25,066 to 37,653 contracts long of the Japanese Yen, which represents 5.08% of open interest;

A minor 6.44% decrease from 146,451 to 137,015 contracts net short of the Euro, which represents 2.36% of open interest;

A significant 57.39% increase from 23,043 to 36,267 contracts net short of the Australian Dollar, which represents 9.96% of open interest;

A negligible 0.13% increase from 42,719 to 42,775 contracts net long of the US Dollar Index, which represents 0.07% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators again increased their net short positions in E-Mini S&P 500 Stock Index by 16.19% from 162,272 to 188,536 contracts.  Feel free to contact me directly for more specific information.

For more information on FuturePath Trading, LLC PhotonTrader Software Demos and Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

The Currency Report

Large Currency Speculators added to new recent long net positions in Japanese Yen, while remaining net short of commodity currencies including Australian and Canadian dollar, latest CFTC data shows…

Weekly Aussie Chart

(Commitments of Traders Data)

CFTC data released Friday January 15, 2016 shows large currency speculators increased long Yen positions by over 500%, building on last week’s reversal to net long.  This week’s data also showed a 51% decrease in net short positions in the Canadian dollar, which may be indicative of profit taking ahead of this week’s BOC  Jan 20 meeting.

This week’s sharp rise in net long Yen positions highlights one of the main goals of this report; which is to keep an eye on what large speculators are doing over the longer term with their positions, with the assumption that they large speculators are positioning in the direction of the longer term trend.

The existing net short positions in commodity currencies like the Australian and Canadian dollar suggest the weakness in the commodity sector will continue over the near term in my opinion.

The most recent Commitments of Traders data shows some significant percentage changes in non-commercial futures only net positions from the prior week including the following:

A sharp 51.72% decrease from 60,130 to 29,032 contracts net short of the Canadian dollar, which represents 18.70% of open interest;

A small 8.18% decrease from 3,620 to 3,324 contracts net long of the Swiss Franc, which represents 0.64% of open interest;

A miniscule 0.08% increase from 30,496 to 30,521 contracts net short of the British Pound, which represents 0.001% of open interest;

A substantial 510.92% increase from 4,103 to 25,066 contracts of the Japanese Yen, which represents 8.69% of open interest;

A trimming 7.69% decrease from 158,643 to 146,451 contracts net short of the Euro, which represents 3.06% of open interest;

A notable 67.45% increase from 13,761 to 23,043 contracts net short of the Australian Dollar, which represents 7.63% of open interest;

A healthy 4.94% increase from 40,707 to 42,719 contracts net long of the US Dollar Index, which represents 2.72% of open interest;

(Source: www.CFTC.gov)

For those interested in Stock Index Futures, it may be of interest that over the same period large speculators increased their net short positions in E-Mini S&P 500 Stock Index by a massive 59.61% from 104,171 to 162,272 contracts.  Feel free to contact me directly for more specific information.

For more information on FuturePath Trading, LLC PhotonTrader Software Demos and Futures and Forex Brokerage services email paul@fptrading.net or call 312.987.2080.

Good Trading,

Paul Kavanaugh

There is a substantial risk of loss in trading futures and options. Futures, options and foreign exchange trading are not appropriate for all investors.  Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities.  FuturePath Trading, LLC, its officers and directors may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction.

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