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US dollar bears remain undeterred: COT report
Traders were net-short the US dollar against all currencies by the most bearish amount since August, according to IMM. • Large speculators are their least bearish on AUD/USD futures since April. • Net-short exposure to the 2-year bond bill fell to a 15-week low. • Gross-short exposure to GBP/USD futures fell to a 20-week low. • Large speculators were their least bearish on JPY/USD futures in nine months. • Net-short exposure to CAD/USD futures fell for a third week and large specs are their least bearish in 22 weeks. • Large speculators flipped to net-short exposure to copper futures. tables US dollar ... (full story)