Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance Find Stocks Now
Investing.com sentiment: speculators add to bearish euro bets
Published Jun 29, 2015 04:38AM ET
© Reuters. Speculators add to bearish euro bets ahead of looming Greek default
Investing.com - The Investing.com weekly sentiment index published on Monday revealed that speculators added to their bearish bets against the euro in the week ending June 26.
According to the report, 26.8% of investors held long positions in EUR/USD as of last week, down from 33.1% in the preceding week. A reading between 30% and 50% is bearish.
Meanwhile, 36.2% of investors were long in GBP/USD, compared to 32.1% in the preceding week, 59.6% of market participants held long positions in USD/JPY, up from 51.3% in the preceding week, while 52.2% of investors were long USD/CHF, down from 55.8% in the previous week.
Amongst the commodity-linked currencies, 49.6% were long USD/CAD, improving from 45.2% a week earlier, 47.7% held long positions in AUD/USD, down from 50.9% in the preceding week, while 42.6% were long NZD/USD, compared to 48.5% a week earlier.
Elsewhere, 37.3% of investors were long the S&P 500 as of last week, up from 25.5% a week earlier.
In the commodities market, 62.9% of market participants held long positions in gold futures as of last week, compared to 52.0% in the preceding week.
A reading between 50%-70% is bullish for the instrument, a reading between 30% and 50% is bearish, a reading above 70% indicates overbought conditions and a reading below 30% indicates oversold conditions.
The Investing.com series of indexes is developed in-house. Each index measures overall exposure to major currency pairs, commodities and indexes, using data from futures exchanges and OTC providers on all long and short open positions.
Related Articles
Add Chart to Comment
Confirm Block
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
Report this comment
I feel that this comment is:
Comment flagged
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.