POUND SPECULATIVE NET LONGS AT 3-MONTH HIGH

Published on Jun 18, 2024 13:09

Large currency speculators extended net long position 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 52121 contracts in the data reported through June 11, 2024. This was a weekly rise of 8911 net contracts and at its highest level in three months.