CFTC: Speculative accounts decreased their net.......>

CFTC: Speculative accounts decreased their net euro longs, their net yen shorts

and their net sterling shorts, according to CFTC data released Friday. The

CFTC's COT report, non-commercial, futures-only section, excluding options,

showed speculators had a net euro long position of +62,753 contracts as per

Sept. 19, vs +86,058 contract last week. This compared to the net long of

+96,309 contracts seen Sept. 5, which was the largest net euro long in over six

years. On May 3, 2011, speculators had a net euro long of +99,516 contracts.

Betting on U.S. dollar outperformance in 2017, speculators had, up until May 9,

maintained a net euro short position all year. Spec accounts had a net yen short

of -51,322 contracts as per Sept. 19, vs -57,297 contracts in the prior week.

This compared to the net short of -126,919 contracts, seen July 18, which was

the largest net yen short since Jan. 7, 2014, when speculators had a net yen

short of -128,868 contracts. The euro closed near $1.1994 and dollar-yen near

Y111.59 on Sept. 19 versus levels late Friday around $1.1945 and Y112.09.