Commitment of Traders COT CFTC - EUR/USD - 16 August 2011

Commitments of Traders CFTC - EUR/USD

Please not the above chart is the real COT report released by CFTC and it is not the COT Proxy.
The EUR/USD have no proper direction in the last 2 weeks. Euro debt, US debt... both bad news hence even the commercials no have no idea what to do. The week prior to 16 August they are net long but last week they were net short. We see what the report release tomorrow will reveal for this week's positions. If the commercials for Euro are net short again this week, we can expect the EUR/USD go up.

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