CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of October 29, 2024. 10-year note: Currently net short 901.2k, up 53k. The FOMC meets next week on Tuesday-Wednesday. A 25-basis-point cut is priced in. Immediately after the policy-setting body reduced the fed … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of August 27, 2024. 10-year note: Currently net short 914.4k, down 123.7k. Fed funds futures traders continue to raise rate-cutting bets. Until last week, they expected 100 basis points of cuts in the … Continued

CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of August 20, 2024. 10-year note: Currently net short 1.04mn, up 177.9k. “The time has come for policy to adjust.” The quote is from Jerome Powell, Federal Reserve chair, in his keynote address … Continued

US Dollar Index Rallies 5.6% in 5 Weeks – If Sustained, Can Impact Inflation, Exports, Economy, Earnings

posted in: Currency, Economy, Technicals | 0

The US dollar index has rallied strongly in the past five weeks.  This can potentially have consequences for US inflation, exports, economy, earnings and what not.  But was the rise enough for FOMC members to discuss in the March meeting? … Continued

US $ technicals strong, but bullish sentiment looking too lopsided

Expectations of higher US interest rates and stronger economy acting as tailwind behind resurgent $ Sentiment too bullish, reflected in non-commercials’ near-record net longs in US $ futures Safe bet probably is to wait to take the other side of … Continued