USD NET SHORT POSITION CLIMBS TO 109K-COT REPORT
Monday, December 17, 2012
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Note :
The net spec short position in the USD grew this past week from 68K contracts to 109K contracts. While the aggregate net position is USD short, the specs do have a very big position short the yen and long the USD.
Australian Dollar (AUD/USD) Specs continue to accumulate a long position in the A$. Large specs now have over a 104K contract long position. They are a 4-ratio long. Small specs are likewise long but only modestly. The total long A$ position is up to 188.5K contracts. with expiration of the December contract this week, it will be interesting to see how much will be liquidated.
$AUDUSD Key levels : 1.0460 , 1.0520 ,1.0580 and 1.0630 seen as targets.
$EURUSD Key levels : 1.3060 , 1.3180 , 1.3220 and 1.3385 seen as targets.
Note :
The net spec short position in the USD grew this past week from 68K contracts to 109K contracts. While the aggregate net position is USD short, the specs do have a very big position short the yen and long the USD.
Australian Dollar (AUD/USD) Specs continue to accumulate a long position in the A$. Large specs now have over a 104K contract long position. They are a 4-ratio long. Small specs are likewise long but only modestly. The total long A$ position is up to 188.5K contracts. with expiration of the December contract this week, it will be interesting to see how much will be liquidated.
$AUDUSD Key levels : 1.0460 , 1.0520 ,1.0580 and 1.0630 seen as targets.
$EURUSD Key levels : 1.3060 , 1.3180 , 1.3220 and 1.3385 seen as targets.
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