Monday, January 20, 2020 1:27 AM EST
Large currency speculators added to their bullish net positions in the US Dollar Index futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
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ThX! It's getting an update
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HI Seth, These traders are classified by the CFTC specifically as non-commercial traders (aka speculators). These are large traders or entities (hedge funds,etc) that are in the futures markets in order to profit on market moves as opposed to the commercial trader category, which is made up of traders or entities that use the futures markets usually to hedge business interests or positions. The third category is the small traders which can be a mix of speculators and hedgers but are too small (in position sizing) to be placed in one of the other baskets.
You can read more about it at CFTC site: www.cftc.gov/.../index.htm