Tag : research

The Currency Report

The Currency Report

Large Currency Speculators reversed to net long Canadian dollar, following last week’s over 41% cut in shorts.  In addition, Large Specs increased net short positions in Euro by over 51%, latest CFTC data shows…

2016 04 11 CD

 

(Commitments of Traders Data)

The latest CFTC data indicates Large Currency Speculators reversed to net long Canadian dollar, following last week’s over 41% cut in shorts.  In addition, Large Specs increased net short positions in Euro by over 51%.  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.

I have written repeatedly that the ‘sleeper data’ recently in my opinion in this report has been the clear trend of short covering by large specs in Canadian dollar.  Last week I stated, “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”.

The most recent data shows large speculators have now reversed to net long Canadian dollar, coincident with the significant strength commodity traders may be noting recently in Crude Oil.  If we see an increase in net long Canadian dollar positions in the next report, this could indicate further upside potential expected 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

CD +0.097k, +101%                                          EU -96k, +51%

JY +60k, +10%

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 most significant 101.57% Reversal to net long 97 from net short 6,180 contracts of the Canadian dollar, which represents 5.96% of open interest;

A minor 1.13% decrease from 40,028 to 39574 contracts net short of the British Pound, which represents 0.18% of open interest;

A strong 10.45% increase from 54,387 to 60,073 contracts long of the Japanese Yen, which represents 3.41% of open interest;

A massive 51.17% increase from 63,811 to 96,464 contracts net short of the Euro, which represents 9.65% of open interest;

A large 14.4% increase from 23466 to 26,845 contracts long the Australian dollar, which represents 2.79% of open interest;

A small 2.45% decrease from 17,750 to 17,315 contracts net long of the US Dollar Index, which represents 0.77% 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 trimmed their net short positions in E-Mini S&P 500 Stock Index Futures by 15.21% from 122,907 to 104,210 contracts.  Note the similarity of short covering in S&P to recent Canadian dollar activity.  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

Register today for my upcoming webinar….

Linda Raschke Leader-Follower Program Webinar

With Paul Kavanaugh of FuturePath Trading, LLC
Wednesday April 13, 2016 at 3:30 pm Central Time

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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 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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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 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.