What’s the Dedication of Merchants (COT) Report?
What’s the Dedication of Merchants report?
- We beforehand checked out utilizing the COT report in FX trading, on this article, we take extra of a big-picture perspective on this crucial sentiment report.
- The COT report can provide a singular perspective for sentiment, serving to to go with IG Client Sentiment within the effort of getting a greater grasp on positioning in a market at a selected cut-off date.
The Dedication of Merchants (COT) report is revealed weekly by the Commodity Futures Buying and selling Fee (CFTC). It’s usually instances known as the “COT” report. It gives a breakdown of open curiosity for all exchanged-traded futures contracts underneath the rule of the CFTC. It’s revealed every Friday afternoon Japanese Customary Time (EST), and represents the positioning profile of all market members for the week ending on Tuesday. In keeping with the CFTC, the COT has casual beginnings which may be traced again so far as 1924; nevertheless, the report formally started launch in 1962. It…