CFTC: Speculative accounts trimmed their net euro....>

CFTC: Speculative accounts trimmed their net euro long positions and net net yen

short positions, while adding to 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 +90,842

contracts as per July 25. This compared to last week's net euro long of +91,321

contracts, which was the largest net euro long in over six years. On May 3, 2011

specs had a net euro long of +99,516 contracts. Spec accounts had a net yen

short of -121,489 contracts as per July 25. This compared to last week's net

short of -126,919 contracts, 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 $1.1647 and dollar-yen near Y111.89 on July 25 versus levels late

Friday around $1.1755 and Y110.60.