
A weekly Commitment of Traders update shows speculators' net dollar long rising to a decade-high USD 39.8 billion. Leveraged funds also raised record short positions in SOFR futures, while commodity selling eased and grains found support from bullish USDA reports.
A large speculative dollar long tends to pressure dollar-priced commodities, though the easing of broad commodity selling and grain strength offset some of that effect. The positioning data suggests the dollar trend may be stretched.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.