Divergence in COT data sends mixed reactions to the DXY Price
The total Non-Commercial net positions have been rising since US bond yields had a major u-turn.
However, there is divergence showing up among Non-Commercial Traders with leveraged traders continuing to add more short positions.
Why is price going higher?
Simply, price action has been converging with trading action of asset managers.
My best guess, pension funds are rebalancing their portfolios in anticipation of rising interest rates and FED expectations to buy long-term dated treasuries to flatten the yield curve.
Of interest, is the US 10 year yield. If it keeps rising, the US Dollar will rise too.
However, there is divergence showing up among Non-Commercial Traders with leveraged traders continuing to add more short positions.
Why is price going higher?
Simply, price action has been converging with trading action of asset managers.
My best guess, pension funds are rebalancing their portfolios in anticipation of rising interest rates and FED expectations to buy long-term dated treasuries to flatten the yield curve.
Of interest, is the US 10 year yield. If it keeps rising, the US Dollar will rise too.
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。