Pound Speculative Net Longs At Near 2-Month High

Published on Jun 10, 2024 13:00

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 43210 contracts in the data reported through June 04 2024. This was a weekly rise of 17808 net contracts and at its highest level in two months.