COT 05/27

Published May 27th, 2008 - 11:13 GMT
Al Bawaba
Al Bawaba

Implications: Bullish




JPY:  The 52 and 13 week COT indexes are at 71 and 17 now.  The 13 week index had hit 0 twice in the previous 4 weeks, indicating that a turn towards JPY strength is likely.  The Yen began gaining last week, so expect this trend to continue.