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

CFTC: Speculative accounts increased their net euro longs as well as 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 +88,167 contracts as per Sept. 26, vs +62,753

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 -71,347 contracts

as per Sept. 26, vs -51,322 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 $1.1793 and dollar-yen near Y112.24 on Sept. 26

vs levels late Friday around $1.1822 and Y112.50.