Speculative Net Longs In Euro Crash To Ten Month Low

Published on Sep 18, 2023 14:43

Large currency speculators continued to cut their net long positions in the Euro futures markets last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net long position of 113080 contracts in the data reported through September 12, 2023. This was a weekly crash of 23151 net contracts and took the net longs to ten month lows.