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Dollar Index Speculators Further Reduce Net Long Positions

Published on Jan 08, 2024 10:53

The large currency market speculators further reduced their net long positions in the US dollar futures, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net position of 2423 contracts in the data reported through January 02, 2024. This was a weekly decline of 714 net contracts and is at its lowest level in around 4 months.

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