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EUR Net Long Builds Further

FOREX

Friday's CFTC CoT update showed markets built the net EUR long position further, with the net position gaining a further 2.1% as a % of open interest, or just shy of 15,000 contracts. This leaves the EUR net long at another 52w high.

Speculators also built JPY and NZD positions while trimming CHF most notably. Although the position remains a net long of 22.4% of open interest.

Full update here:


MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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