Speculators Set New $28.1 Billion Record In Net Euro Shorts - CFTC
From efxnews.com
Speculators, rejecting European leaders' assurances that they are close to a framework for solving the euro zone's sovereign-debt problems, piled into pessimistic wagers that the euro will lose value, setting a new record as of Jan. 24, government data showed Friday. Traders held a net $28.1 billion in bets against the euro, 10% more than the previous week. That represents a net 171,347 contracts, the largest position since reliable records began in 2007, according to the weekly report from the Commodity Futures Trading Commission on the commitments of traders. Market-watchers have described the common currency's ...
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