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British Pound Net Speculative Position Increases Most Since June

Date: 2013-09-23 03:20:15

(MENAFN- DailyFX)

British Pound spec net position increases most since week of 6/21/13
Australian Dollar spec net position increases most since week of 6/22/12
Swiss Franc spec net position flips to a short position

Latest CFTC Release dated September 17, 2013:

Week (Data for Tuesdays)	52 week Percentile / Comment (if applicable)
US Dollar	61
Euro	90
British Pound	63
Australian Dollar	33
Japanese Yen	22
Canadian Dollar	47
Swiss Franc	51 – speculators flip to long
Mexican Peso	0 – speculators flip to short
Gold	24
Silver	39
Copper	33
Crude	84

The COT Index is the difference between net speculative positioning and net commercial positioning measured. A light blue colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bullish) with speculators selling and commercials buying. A light red colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bearish) with speculators buying and commercials selling. Crosses above and below 0 are in bold. Non commercials tend to be on the wrong side at the turn and commercials the correct side. Use of the index is covered closely in detail in my book.

Charts

Non Commercials (speculators) – Red

Commercials – Blue

Small Speculators – Black

COTDiff (COT Index) – Black

US Dollar