COT Report Reveals Increase In The Yen Net Short Position

December 2, 2012 in Forex Articles

USD/JPY update from http:/ /www.forex-fx-4x.com

COT Report Reveals Increase In The Yen Net Short Position

The USD/JPY has been a “hot hand” over recent weeks with the JPY amongst the most popular currencies for shorting.  The latest COT report (commitment of traders) data from the Commodity Futures Trading Commission revealed that futures market participants have increased the net open short yen position by around 50%, worth a net $12.2 billion.  The report this week showed a net position at -79,466 versus the -51,389 reading on the prior week, the largest net short JPY (CME) position this year and bigger than the -67,622 figure registered in March. 

What is the COT report?

USD/JPY Daily Chart

usdjpy yen weakness analysis december

Any news, opinion, analysis, price quote or any other information should be taken as general market commentary only and not as advice to trade on. Omissions and errors may occur. Be safe.

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