POUND CURRENCY SPECULATORS TURN NET LONG

Published on Mar 03, 2025 12:46

Large currency speculators made a sharp recovery and turned net long in the Pound futures, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net long position of 4463 contracts in the data reported through February 25, 2025. This was a weekly rise of 5042 net long contracts.