There were several adjustments in speculative positioning in the futures market that we want to bring to your attention. In the currency futures, speculators are now net short euros for the first time since May 2017. At a little less than 1.8k contracts, the net short position is not particularly large. The record net long position was recorded in mid-April near 151k contracts. The net position is a function of the gross longs and gross shorts. The gross speculative shorts have surged from 86.4 at the end of April to 190.2k as of August 14. It increased almost 23k contracts last week alone. It is the largest gross ... (full story)