Large currency speculators reduce net long position in the Pound futures, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net long position of 90288 contracts in the data reported through September 10, 2024. This was a weekly decrease of 17790 net contracts and off its highest level in 5 weeks.
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First Published: Sep 16 2024 | 3:43 PM IST
