Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
 as at August 1st 2017 - EconoTimes)
CFTC commitment of traders report was released on Friday (4th August) and cover positions up to Tuesday (1st August). COT report is not a complete presenter of entire market positions since the future market is relatively smaller compared to Spot FX market. Nevertheless, it presents crucial picture on how key participants are looking at future moves.
Key highlights:
Market participants are net long in all currencies against the dollar except the British pound, Japanese yen, and the Swiss franc.
Shorts decreased:
- Short positions in the Japanese yen declined for a second consecutive week and by 9,293 contracts that pushed the net position to -112.2K contracts.
Shorts increased:
- The short positions in the British pound increased for a second consecutive week and by 3,255 contracts that pushed the net position to -29.5K contracts.
Long positions increased:
- The Canadian dollar registered the biggest increase in the long positions among peers last week as long positions got increased by 14,025 contracts to +40.6K contracts. Long positions increased for a third consecutive week.
- The long positions in Australian dollar increased for a sixth consecutive week and by 4,339 contracts, which pushed the net position to +60.7K contracts.
- The long positions in the Mexican peso increased for a sixth consecutive week and by 659 contracts, which pushed the net position to +113.5K contracts.
- The long positions in the New Zealand dollar increased last week and by 133 contracts, which pushed the net position to +34.9K contracts.
Long positions decreased:
- The long positions in the euro decreased for a second consecutive week by 8,205 contracts last week that pushed the net position to +82.6K contracts.
Position shifted from short to long:
- The short positions in the Swiss franc declined in such a fashion that the net position turned from negative to positive. Last week, net long positions increased by 2,990 contracts that pushed the net position to +1.4K contracts.
