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US Dollar, EUR/USD, Gold, Crude Oil Analysis: COT Report
Large speculators were net-short USD index futures for a second week. • Net-long exposure to EUR/USD futures fell to a 19-month low. • Large speculators pushed net-short exposure to JPY futures rose to the most bearish level since December 2013. • Gross shorts against CAD futures rose to the most bearish level in nearly 7 years, pushing net-short exposure to a 4-month high. • A slight reduction of gross shorts saw net-short exposure to AUD/USD futures retrace -2.7k contracts from its record high. • Large speculators were net-short NZD futures for a third week, and at their most bearish level in 16 weeks. ... (full story)
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- Posted: Apr 8, 2024 1:19am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 5,088
