-
Traders build up record bets against sterling
Sterling fell to a 10-month low below $1.50 against the dollar on Monday as figures revealed speculators had built up record bets against the pound and concerns grew over the UK’s record budget deficit. Positioning data from the Chicago Mercantile Exchange, often used as a proxy for hedge fund activity, showed investors raised their short positions in sterling to 62,884 contracts, worth $6.1bn, in the week to February 23. This was up from 56,079 in the previous week. The extension of bets against the pound, which exceeded their previous peak in October, came amid increasing uncertainty over the Bank of England’s ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Mar 1, 2010 6:32am Mar 1, 2010 6:32am
- Investica
- | Commercial Member | Joined Jun 2004 | 14 Comments
- Comment #2
- Mar 1, 2010 6:51am Mar 1, 2010 6:51am
- Slight
- | Joined May 2008 | Status: Trenfollowing | 0 Comments
The Essentials of Trading: Emotions, Risk Mgt, Price.
- Comment #3
- Mar 1, 2010 6:55am Mar 1, 2010 6:55am
- liberty458
- | Joined Aug 2006 | Status: Member | 525 Comments
- Comment #4
- Mar 1, 2010 9:33am Mar 1, 2010 9:33am
- pqt
- | Joined Nov 2007 | Status: Member | 34 Comments
- Comment #5
- Mar 1, 2010 10:53am Mar 1, 2010 10:53am
- Groovy
- | Joined Nov 2007 | Status: Member | 19 Comments
- Comment #6
- Mar 1, 2010 11:11am Mar 1, 2010 11:11am
- pqt
- | Joined Nov 2007 | Status: Member | 34 Comments
- Comment #7
- Mar 1, 2010 12:05pm Mar 1, 2010 12:05pm
- ibnshah
- | Joined Nov 2009 | Status: Junior Member | 3 Comments
- Comment #8
- Mar 1, 2010 2:22pm Mar 1, 2010 2:22pm
- FiboFX
- | Joined Oct 2009 | Status: Member | 0 Comments
- Comment #9
- Mar 1, 2010 4:20pm Mar 1, 2010 4:20pm
- Trout
- | Commercial Member | Joined Oct 2007 | 688 Comments
- Comment #10
- Mar 1, 2010 7:19pm Mar 1, 2010 7:19pm
- liberty458
- | Joined Aug 2006 | Status: Member | 525 Comments
- Comment #11
- Mar 1, 2010 7:44pm Mar 1, 2010 7:44pm
- Scrat
- Joined Jan 2007 | Status: Member | 279 Comments
Nihil Sine Deo.
- Comment #12
- Mar 1, 2010 8:24pm Mar 1, 2010 8:24pm
- Trout
- | Commercial Member | Joined Oct 2007 | 688 Comments
- Comment #13
- Mar 3, 2010 6:46am Mar 3, 2010 6:46am
- Commodityone
- | Joined Jun 2009 | Status: Member | 3 Comments
- Comment #14
- Mar 3, 2010 11:19am Mar 3, 2010 11:19am
- Scrat
- Joined Jan 2007 | Status: Member | 279 Comments
Nihil Sine Deo.
- Comment #15
- Mar 3, 2010 4:09pm Mar 3, 2010 4:09pm
- Trout
- | Commercial Member | Joined Oct 2007 | 688 Comments
- Comment #16
- Mar 4, 2010 3:06am Mar 4, 2010 3:06am
- liberty458
- | Joined Aug 2006 | Status: Member | 525 Comments