Tuesday 6 January 2015

COT data of Dec 30th 2014 - British Pound [BP], Dollar Index [DX]

British Pounds - Total o/i 143660, spreads 2523 (1.8%).  Closing price Dec 30th 1.5560

  Nett differences:  Commercials  +36809 (from +31582)  Large Specs -19302 (from -15233)
                              Small Specs -17507 (from -16349)
  
  Proportions:
 Commercials (50.9% of total o/i) - 
  64.0% of Longs (from 51.9%), 37.9% of Shorts (vs 39.1%), balance plus 26.1 (vs plus 22.8)
 Large Specs (31.7% of total) - 
  24.8% of Longs (from 26.4%), 38.5% of Shorts (vs 37.4%), balance minus 13.7 (vs minus 11.0)   
  Small Specs (17.4% of total) - 
  11.2% of Longs (from 11.7%), 23.6% of Shorts (vs 23.5%), balance minus 12.4 (vs minus 11.8) 
 
Not much change, with holidays interrupting decision-making.
 
Dollar Index: Total o/i 106538, spreads 1118 (1.0%). Closing price Dec 30th 90.29

Nett differences:  Commercials -63413 (from -61327)  Large Specs +48833 (from +47932)
                              Small Specs +14580 (from +13395)
Proportions -
Commercials (37.5% of total o/i) - 7.4% of Longs (from 9.6%), 67.5% of Shorts (vs 75.5%), balance minus 60.1 (vs minus 65.9)
Large Specs (54.2% of total) - 77.4% of Longs (from 74.7%), 31.1% of Shorts (vs 23.2%), balance plus 46.3 (vs plus 51.5) 
 Small Specs (8.3% of total) - 15.2% of Longs (from 15.7%), 1.4% of Shorts (vs 1.3%), balance plus 
 13.8 (vs plus 14.4)

Even the Large Specs seem undecided, adding considerably to both longs and (more particularly) shorts ...

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