# COT Gold long USD short hurt by hawkish FOMC | Saxo

> Hedge fund positioning data showed a 2.2% drop in the Bloomberg Commodity Index in the week to June 22 after the hawkish FOMC, with metals and grains leading losses. Speculative bullish bets on commodities fell by the largest amount in four weeks, and the speculative dollar short was cut by about a third.

- Date: 2021-06-14 · published 2021-06-14T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/46490-cot-gold-long-usd-short-hurt-by-hawkish-fomc-saxo
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Fund liquidation in grains after the dollar rally adds selling pressure to corn and soybean futures, though the positioning data reflects sentiment more than physical supply.

## Read by commodity

- SOY: bearish ▼
- WTI: neutral
- CORN: bearish ▼

## Sources

- home.saxo: https://www.home.saxo/content/articles/commodities/cot-gold-long-usd-short-hurt-by-hawkish-fomc-28062021

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.