Tag Archive: Commitment of Traders

Weekly Speculative Position: Net Short Euro and Yen Are Falling. Short CHF Stable

2017-01-30

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2017-01-30

Speculative Positions Commitments of traders Swiss Franc - 30.01
Speculators are net short CHF with 13.6K contracts against USD. This is nearly unchanged. But net short of Euro and Yen are Diminishing.

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Weekly Speculative Position: CHF getting stronger, net shorts stable

2017-01-23

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2017-01-23

Speculative Positions Commitments of traders Swiss Franc - 23.01
Speculators are net short CHF with 13.7K contracts against USD. This is nearly unchanged. On the other side, the USD/CHF is falling.

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Weekly Speculative Position: CHF Net Shorts rising, but JPY net shorts falling

2017-01-16

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2017-01-16

Speculative Positions Commitments of traders Swiss Franc - 16.01
Speculators are net short CHF with 14K contracts against USD. This is 1K more than last week. But yen and Euro net shorts are currently diminishing. This could imply that soon CHF net shorts start falling, too.

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Weekly Speculative Positions: CHF and GBP net shorts are slowly rising again

2017-01-09

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2017-01-09

Speculative Positions Commitments of traders Swiss Franc - 09.01
Speculators are net short CHF with 13K contracts against USD, 3K more than last week. This is still far from the post financial crisis record of 26 K contracts. Moreover the net short GBP are increasing again.

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Weekly Speculative Positions: Speculators go short CHF again after a brief period of Long CHF

2017-01-03

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2017-01-03

Speculative Positions Commitments of traders Swiss Franc
The sudden adjustment of CHF speculative positions ended (see last week's post) . Speculators went net short CHF USD with 10K contracts, this is still far from the 26.K contracts record. We should wait for another Fed rate hike, to reach these levels again.

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Weekly Speculative Positions: After Fed Rate Hike, Speculators Close their Short CHF and Open Long CHF

2016-12-26

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2016-12-26

speculative position 20161226
The expiry of the December currency futures may spurred more than normal speculative position adjusting. The out-sized 27.9k contract jump in the speculative gross long Swiss franc futures position is a prime example.

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Weekly Speculative Positions: Short CHF Close to Records of 2015

2016-12-19

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2016-12-19

The net short CHF speculative position is close to reaching new records. Shortly before the end of the peg, speculators were net short CHF by 26.4K contracts. Now we are at 25.4K.

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Weekly Speculative Positions: Short CHF Close to Records of 2015

2016-12-12

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2016-12-12

The net short CHF speculative position is close to reaching new records. Shortly before the end of the peg, speculators were net short CHF by 26.4K contracts. Now we are at 25.4K.

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Weekly Speculative Positions: Short CHF Are Increasing

2016-12-03

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2016-12-03

The net short CHF speculative position is close to reaching new records. Shortly before the end of the peg, speculators were net short CHF by 26K contracts. Now we are at 24.3K.

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Weekly Speculative Positions: Dramatic Spot Currency Moves not Reflected

2016-11-20

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2016-11-20

What is most noticeable about the CFTC Commitment of Traders report for the reporting week ending November 15 is what is not there: Activity.  With the Australian dollar being the sole exception, we are struck by the apparent fact that dramatic spot price action and a what seemed like an impulsive trend move seemed not to be reflected in the futures position adjustments by speculators.   Given the strength of the US dollar after the election,...

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THIS Time A Swiss Franc Hedge Makes More Sense

2016-11-08

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2016-11-08

Swiss Franc, Money Market Diverge
Money markets and the Swiss franc have diverged despite a presumed increase in event risk from the U.S. Presidential election. Moreover, shorts against the Swiss franc have risen. This surprising divergence opens up a presumed opportunity use the franc as a hedge against a surprise outcome from the election. This time I agree with the strategy even as I suspect that, once again, any subsequent incremental strength in the Swiss franc will be...

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Weekly Speculative Positions: Rising Net Short Euro and CHF, but Stronger Euro and CHF

2016-11-05

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2016-11-05

The weekly speculative position shows increasing short positions on the euro and on the Swiss Franc. On the other side, both currencies have appreciated, what they should not do if net short positions increase. This implies that there is real money, .e.g in the form of cash, bonds, stocks or real estate that is invested in the euro area or in Switzerland. For Switzerland, we will see this in the weekly sight deposits.

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