-
Speculative Investors Continued to Dump EUR, Pare Anti-USD Bets
For the second consecutive week, speculative traders on the Chicago Mercantile Exchange hold their overall anti-EUR wager, data from the Commodity Futures Trading Commission showed on Friday. Traders increased their open short EUR position by 44% from a week earlier to reach a net of $11.7 billion as of Tuesday. That could be seen as an early signal that market is starting to lose patience while waiting for the Spanish government to make the official ESM aid request. "There remains a risk that Spain will not request a bailout over the next few months. The stability of Spanish yields and the upcoming regional ... (full story)