Video

John J Hardy
Saxo Bank’s head of FX strategy John Hardy takes a closer look at trends and moves in today’s forex charts, including EURUSD, USDJPY, AUDUSD, and EURSEK.
Article / 14 May 2018 at 8:06 GMT

COT: Dollar buying continues, but not against the euro

Head of Commodity Strategy / Saxo Bank
Denmark
By Ole Hansen

During the past three weeks speculators have halved their bearish dollar bets against nine IMM currency futures. Last week, the gross short was cut by one-quarter with all currency except the CAD being sold against the greenback. 

USD positioning
 
Interestingly the EUR net long hardly moved and stayed at 80% of the record seen just a few weeks ago. This came as the drop in EURUSD to the lowest since December attracted both fresh long and short positions. The net-short in CHF reached a six-year high after EURCHF returned to 1.20 and thereby retraced all of the January 2015 collapse.

FX











Financials: 
Financials
 
In fixed income, leveraged funds maintained an extended bearish bet across the US yield curve with the value of one basis point move staying close to $200 million. 

— Edited by Michael McKenna

Ole Hansen is head of commodity strategy at Saxo Bank

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COT Financials

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COT Forex

1y
Market Predator Market Predator
Hello Ole. I'm glad you're back on TF.
Please, as you follow russian ruble, do you find reasonable to track also China's renminbi in COT table? From geopolitical point of view (trade tensions) it seems to be important and maybe more important than ruble. Thanks for your possible comments.

PS:
1) I tried to follow renmimbi in QuikStrike tool, unfortunatelly it doesn't work there
2) If you'll relocate to home.saxo please keep PDF possible to download, thanks
1y
Benenen Benenen
Could you tell me where I can find out this COT QUICKTOOLS?
1y
Benenen Benenen
THX Mkt Predator

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