Table 1: Total net positions of large speculators
|
30.10.2020 |
23.10.2020
|
16.10.2020
|
9.10.2020
|
2.10.2020
|
25.9.2020
|
USD index |
-1 300
|
-1 700 |
450 |
-3 000 |
-5 500 |
-9 100 |
EUR |
155 600 |
166 000 |
168 600 |
174 300 |
188 100 |
190 800 |
GBP |
-6 700 |
-2 000 |
-9 800 |
-11 300 |
-12 700 |
3 000 |
AUD |
8 900 |
6 800 |
3 900 |
10 800 |
8 900 |
16 300 |
NZD |
7 000 |
6 600 |
6 500 |
5 100 |
4 900 |
4 900 |
CAD |
- 18 000 |
-19 100 |
-13 600 |
-18 000 |
-18 900 |
-18 900 |
CHF |
15 500 |
14 400 |
12 200 |
13 100 |
12 700 |
15 900 |
JPY |
17 900 |
14 200 |
20 000 |
21 100 |
24 800 |
29 600 |
Notes:
Large speculators are traders who trade large volumes of futures contracts, which, if the required limits are met, must be reported to the Commodity Futures Trading Commission. Typically, this includes traders such as funds or large banks. These traders mostly focus on trading of long-term trends.
Total net positions are the difference between the number of bullish long contracts and the number of bearish short contracts. The data is published every Friday and is delayed because it shows the status on Tuesday of the week.
The sentiment of large speculators will allow you to see what position this group occupies in the market. It is important to monitor the overall trend of total net positions, but also separately the trend of bearish short positions and the trend of bullish long positions. Extreme values of total net positions are also important as they often serve as signals of a trend reversal.
It is also important to monitor the turning points, when the overall net positions change from bullish sentiment to bearish and vice versa. These inflection points are indicated in the graphs in section 3.
Strength of individual currencies for the period of last 3 years