I have a question about the dollar and the Committment of Traders reports which show that the commercials are very bearish on the dollar and are very short. While at the same time the large speculators are very bullish and are long. My question is how to interpret the COT report. I've been googling this and I read conflicting information. I've read that the commercials are usually right and then I've read that the large speculators are usually right. I'm curious which is true? Can the dollar keep going up with the commercials so bearish?
Maybe you are comparing different time frames. A Specs frame maybe shorter than a Commercial. Just keep watching and see if the Specs rollover to the short side. regards f9