SPECULATIVE NET LONGS IN US DOLLAR INDEX EASE FURTHER

Published on Aug 12, 2024 11:47

Large currency market speculators in the US dollar futures continued to reduce their net long position although they continue to hover near a six month high, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net position of 16136 contracts in the data reported through August 06, 2024, still staying at its highest level since December 2023. This was a weekly decline of 822 net long contracts.