Archive for Canadian Loonie

AUD/CAD Weekly outlook (conflicting signals) 27 Feb – 03 Mar

The Aussie closed the week slightly lower against the Loonie last week. Despite a fall lower earlier in the week, the pair pushed higher as trading came to a close resulting in a bullish pin bar on the weekly time frame. As seen in the chart below, the weekly pin bar pierced through and rejected [...]

AUD/CAD Weekly outlook 13 Feb – 17 Feb

Last week saw the pair initially continuing with its recent and well established bullish momentum. The second half of the week however, saw the market giving way to the bears, with the pair falling for much of Wednesday, Thursday and Friday resulting in a bearish pin bar on the weekly timeframe. Our analysis for the Aussie against [...]

Currency Futures: Forex Speculators cut Dollar Long Positions as Canadian Loonie positions turn long while Kiwi surges

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators decreased their US dollar long positions last week and Euro short positions improved for the second straight week off their record low level. Non-commercial futures traders, usually hedge funds and large [...]

Currency Futures: Forex Speculators cut US Dollar bets. Aussie, Kiwi & Peso positions continue rise

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators cut back on their US dollar long positions last week and Euro short positions improved for the first time in six weeks from their record low level. Non-commercial futures traders, usually [...]

Currency Futures: Forex Speculators raise Euro bearish bets. Aussie, Kiwi & Mexican Peso bets rise

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators continued to pile into bets against the European common currency for a fifth consecutive week. Non-commercial futures traders, usually hedge funds and large speculators, added to their short positions for the [...]

Currency Futures: Forex Speculators bets for US Dollar edge higher. Euro, Pound Sterling dip

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators continued to increase their Euro and British pound sterling short bets for a fourth consecutive week while long US dollar bets overall edged higher. Non-commercial futures traders, usually hedge funds and [...]

Currencies: Forex Futures Speculators raise Dollar, Yen, Aussie bets as Euro sinks lower

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators raised their overall long bets for the US dollar last week against the other major currencies while Euro short positions continued to increase and rose to a new record level for a [...]

Currencies: Forex Futures Speculators sharply increased Japanese Yen longs. Euro sentiment at new low

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators decreased their overall long bets for the US dollar last week against the other major currencies despite Euro short positions rising to a new record level. Non-commercial futures traders, usually hedge [...]

Currencies: Forex Futures Speculators push Euro shorts to new record level

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators added to their overall long bets for the US dollar last week against the other major currencies while Euro short positions rose and ascended to a new record level as sentiment [...]

AUD/CAD Weekly outlook – 02 January

AUD/CAD Weekly outlook – 02 Jan 06 Jan With the last week of the year historically favoring ‘quieter’ trading conditions with lower volume & volatility it was surprising to see the last day of the trading year providing some movement and direction. The Aussie gained ground over the Cad in late trading, eventually closing up [...]

Increasing Expectations for Weaker ECB Monetary Policy

Source: ForexYard Investors have long been pricing in additional QE from the Fed and the BoE. Now it appear the ECB is managing expectations for a looser monetary policy. Economic News USD – US Data and Europe Drive Markets to the Year End Close During this shortened week liquidity may remain tight as many market [...]

Currencies: Forex Speculators edge Dollar long positions higher. Japanese Yen positions fall for fourth week

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators slightly raised their overall long bets for the US dollar last week against the other major currencies as of December 20th. Euro short positions against the US dollar improved slightly after [...]

Euro Continues to Struggle as Debt Concerns Loom

Despite starting Thursday off on a promising note, the euro managed to tumble against most of its main currency rivals as the euro-zone debt crisis continues to drive investors away from the currency. With analysts forecasting an increase in today’s US New Home Sales figure over last month, it appears unlikely that the euro will reverse its recent bearish trend.

Currencies: Forex Speculators increase Euro short bets. Boost Dollar long positions

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators boosted their long bets for the US dollar last week against the Euro while other major currencies saw slight improvements, according to the latest data which shows trader positions as of [...]

Currencies: Forex Speculators trim US Dollar long positions. Euro off lowest level since June 2010

By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators trimmed their long bets of the US dollar last week, according to the latest data which shows trader positions as of December 6th. US dollar positions fell against the euro one [...]

Positioning for the ECB Press Conference/EU Economic Summit

Source: ForexYard The most recent CFCT IMM data shows EUR non-commercial traders have their largest short position built in the futures market since June of last year. The one sided positioning could create a short squeeze if European leaders begin to instill a bit of investor confidence towards the end of the week. Economic News [...]

Currencies: Forex Speculators bullish on Dollar last week. Sharply raise Euro bearish bets

Non-commercial futures traders, usually hedge funds and large speculators, increased their total US dollar long positions to $18.04 billion on November 29th from a total long position of $12.11 billion on November 22nd, according to the CFTC COT data and calculations by Reuters which calculates the dollar positions against the euro, British pound, Japanese yen, Australian dollar, Canadian dollar and the Swiss franc.

ForexCT’s Afternoon Market Thoughts for 30 November

Video courtesy of ForexCT – A leading Australian forex broker, liscensed by the Australian Securities & Investments Commission, offers the MetaTrader4 and PROfit Platform to retail traders. Other services include Segregated Accounts, Trading workshops, Tutorials, and Commodities trading.