Non-Commercials reduced their net long positions in the Euro last week selling 10k contracts to take the total position to 1.6k contracts. This latest positioning adjustment marks a swift change in sentiment among EUR traders with upside exposure having been reduced by over 80% following two prior consecutive weeks of buying. With the ECB having reaffirmed its commitment to keeping rates on hold until at least summer 2019, expectations of another rate increase by the Fed this week have seen investors moving out of EUR. Non-Commercials increased their net short positions in Sterling last week selling a further 18k ... (full story)