Large currency speculators in the Euro futures market sharply increased their net long position, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net long position of 92838 contracts in the data reported through August 27, 2024. This was a weekly surge of 36821 net long contracts- hitting highest level so far this year.
Powered by Capital Market – Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: Sep 02 2024 | 2:46 PM IST