
COT: GBP selling spiked ahead of May’s resignation

Ole Hansen
Head of Commodity Strategy
Summary: Speculators reversed course on the dollar during the week to May 21. Following two weeks of selling they turned buyers to the tune of $1.3bn against ten IMM currency futures.
Saxo Bank publishes two weekly Commitment of Traders reports (COT) covering leveraged fund positions in commodities, bonds and stock index futures. For IMM currency futures and the VIX, we use the broader measure called non-commercial.
To download your copy of the Commitment of Traders: Forex report for the week ending May 15, click here
To download your copy of the Commitment of Traders: Financials report for the week ending May 15, click here
To download your copy of the Commitment of Traders: Forex report for the week ending May 15, click here
To download your copy of the Commitment of Traders: Financials report for the week ending May 15, click here