Cme Group: Futures and Interest Rates

cme group: The weekly report, released Friday, measures aggregate positioning on U.S.-based futures exchanges like those operated by the CME Group for futures contracts tied to a range of currencies, commodities and other assets like Treasury bonds, according to Market Watch. Speculators added to their long-dollar positions, bets the U.S. currency will rise, after the Federal Reserve raised interest rates in December 2015 for the first time since the financial crisis. That according to the latest Commitment of Traders report from the Commodity Futures Trading Commission. However, the bruising selloff that gripped global markets early this year compelled traders to rethink the Fed plans, and investors swiftly turned bearish on the dollar as the chart below shows. The ICE U.S. Dollar index DXY, -0.03% a gauge of the dollar value against a basket of six rival currencies stood at 101.01 on Monday, just below a 13-year high reached late last month. Goldman Sachs Caption outside of wrapper for normal article images Luckily for dollar bulls, sentiment soon improved, and speculators have essentially been increasing their long-dollar bets ever since. (news.financializer.com). As reported in the news.