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Commitment of traders report (COT): Euro bears trim exposure
Traders were long the US dollar by $14.1 billion, which is -$3.3 billion lower than the prior week. • Traders increased net-short exposure to AUD futures for a fourth consecutive week and were their most bearish on the currency in 9-weeks. • The euro was the only major currency to see a weekly change of net exposure above 10k contracts. • Net-long exposure to euro futures increased by 13.3k contracts. table EUR futures: Large speculators were their most bullish on euro futures since the middle of March last week. Whilst gross longs remained effectively flag, gross shorts closed for a second consecutive week ... (full story)