Latest news with #CommodityFuturesTradingCommission
Business Standard
a day ago
- Business
- Business Standard
Pound speculators increase net longs
Large currency speculators increased net long positions in the Pound futures market, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net long position of 35379 contracts in the data reported through May 27, 2025. This was a weekly rise of 11386 net long contracts.
Business Standard
a day ago
- Business
- Business Standard
Euro speculators add net long position
Large currency speculators in the Euro futures market added net longs, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net long position of 79474 contracts in the data reported through May 27, 2025. This was a weekly addition of 5021 net long contracts.
Business Times
2 days ago
- Business
- Business Times
Morgan Stanley sees dollar falling 9% on slowing US growth bets
[SINGAPORE] The US dollar will tumble to levels last seen during the Covid-19 pandemic by the middle of next year, hit by interest rate cuts and slowing growth, according to predictions by Morgan Stanley. A popular gauge of the US dollar will fall around 9 per cent from current levels by around this time next year, strategists including Matthew Hornbach predicted in a May 31 note. That will exacerbate a recent decline in the greenback, as trade turmoil weighs on the currency. 'We think rates and currency markets have embarked on sizeable trends that will be sustained – taking the US dollar much lower and yield curves much steeper – after two years of swing trading within wide ranges,' the strategists wrote. The Morgan Stanley report adds to a chorus of voices questioning the outlook for the US dollar, as traders and analysts weigh up US President Donald Trump's disruptive approach to trade. JPMorgan Chase strategists led by Meera Chandan told investors last week they remain bearish on the US currency, instead recommending bets on the yen, euro and Australian dollar. The US Dollar Index has dropped nearly 10 per cent since a February peak as Trump's trade policies dent sentiment on US assets and trigger a re-think on the world's reliance on the greenback. Still, the bearishness is far from historical extremes, underscoring the potential for more US dollar weakness ahead, Commodity Futures Trading Commission data showed. The biggest winners from US dollar weakness will be the euro, yen and Swiss franc, widely regarded as the greenback's rivals as global safe havens, the Morgan Stanley strategists wrote. They see the euro rising to around the 1.25 level next year from around 1.13 now as the US dollar slides. The pound may also advance from 1.35 to 1.45, aided by 'high carry' – the return investors can get from holding the currency – and the UK's low trade tension risks. The yen, currently trading at around 143 per US dollar, may strengthen to 130, the analysts said. The bank said that 10-year Treasury yields will reach 4 per cent by the end of this year, and stage a much larger decline next year as the Federal Reserve delivers 175 basis points of rate cuts. BLOOMBERG
Bloomberg
5 days ago
- Business
- Bloomberg
CFTC Awards Whistleblower $700,000 for Enforcement Tip
A whistleblower will receive roughly $700,000 for providing information about misconduct that prompted the US Commodity Futures Trading Commission to open an investigation and take action. 'Whistleblowers often provide the most valuable evidence about wrongdoing,' Brian Young, the agency's enforcement director, said in a statement on Thursday. 'Today's award recognizes the courage it takes to come forward to the CFTC, as well as the critical role whistleblowers play in the CFTC's enforcement efforts.'
Business Standard
26-05-2025
- Business
- Business Standard
Euro speculative net longs edge down
Large currency speculators in the Euro futures market reduced net longs, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net long position of 74453 contracts in the data reported through May 20, 2025. This was a weekly fall of 10321 net long by Capital Market - Live News
