Commitment of Traders (COT) Report is compiled and released by the Commodity Futures Trading Commission (CFTC) and released every Friday at 15:30 EST. COT Report records the open interest information about the futures market based on the previous Tuesday. It is considered to be a very important report for the futures traders. However, it has got useful applications for forex traders. COT Report is an underrated tool that can be used by forex traders to improve their trading performance.
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