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

CFTC: Speculative accounts increased their net euro long positions as well as

their net sterling short positions but trimmed their net yen 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 + 87,976 contracts as per August 22, versus +79,267 contracts the

prior week. The net euro long of +93,685 contracts, seen the week of August 8

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 -74,086 contracts as per August 22,

vs -77,492 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 $1.1762 and dollar-yen near Y109.57 on August 22 vs levels late

Friday around $1.1924 and Y109.36.