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POUND SPECULATORS NET LONG POSITIONS EDGE HIGHER

Published on Jan 08, 2024 12:37

Large currency speculators net long positions in the Pound futures market edged slightly higher, 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 15205 contracts in the data reported through January 02, 2024. This was a weekly increase of 1113 net contracts. Pound speculators turned net long in December after staying net short for two months.

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