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

CFTC: Speculative accounts increased their net euro long positions but trimmed

their net net yen shorts and 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 +93,685

contracts as per August 8, vs +82,637 contracts the prior week. This week's net

euro long 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 -95,813 contracts

as per August 8, vs -112,196 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 $1.1752 and dollar-yen near Y110.32 on August 8

vs levels late Friday around $1.1826 and Y109.04.