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Speculative Net Longs In Euro Extend Slide To One- Year Low

Published on Oct 16, 2023 11:27

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 75,532 contracts in the data reported through October 10, 2023. This was a weekly fall of 3411 net contracts and the net longs extended decline to the lowest level in almost a year.

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