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COT: Speculators sold US dollars and gold ahead of FOMC

From home.saxo

Our weekly Commitment of Traders update highlights future positions and changes made by hedge funds and other speculators across commodities and forex during the week to Tuesday, September 20, a week leading up to the FOMC meeting, Bank of Japan intervention, a Sterling crisis and the dollar surging to levels not seen in decades. Ahead of these events speculators chose to cut their dollar long by one-third, increasing their gold short to a four year high while adding exposure in grains and crude oil. This summary highlights futures positions and changes made by hedge funds across commodities and forex during the week ... (full story)

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  • Category: Fundamental Analysis