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Speculators Keep Stretching USD Longs And Increasing EUR, AUD Shorts
Speculative traders on the Chicago Mercantile Exchange are still betting on stronger USD and weaker EUR and AUD, data from the Commodity Futures Trading Commission (CFTC) showed on Friday. Traders increased their long USD bet by 4.5% from last week to reach a total of $42.5 billion as of Tuesday. In a parallel move, traders increased their short EUR bet by 4.5% from last week to reach a total of $13.5 billion as of Tuesday. CFTC's data also showed that for the third consecutive week, traders are betting on a sharp AUD fall increasing their short bets by 20% from last week to reach a total of $4.1 billion as of ... (full story)
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