Business-Insider

There was a big shift in institutional sentiment Friday, with a shift to a net short position on the USD/CHF and big changes in the sentiment line on the EUR/USD (long), USD/CAD (long) and the USD/JPY (short.) The shift in sentiment and net positions has added even more emphasis to a change in the market. I think the continued theme for 2008 with be a weak USD and high volatility/risk.

The data that I am referring to is from our COT report charts. The COT report graphs the net long or short positions of institutional traders in the currency futures market. The sentiment line shows the rate of change from a net short or net long position. The chart is updated each Friday and is included in the institutional ranking we prepare for the majors.

To see the video, click here: http://www.pfxglobal.com/index.php?o...926&Itemid=149


If you are not familiar with COT charts, click here for an overview:
http://www.pfxglobal.com/index.php?o...640&Itemid=190

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