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Euro longs retreat in the latest week of CFTC data

The speculative market remains far too long euros but pared back the position in the latest week of CFTC data, in what might be a sign of what's to come. the EUR's net speculative long positioning witnessed a significant decrease, dropping to 173,736 contracts compared to 187,089 in the previous week. As investors appeared to cut their bullish bets, the shift suggests some caution may be seeping into the market sentiment regarding the euro's performance. The Japanese yen experienced a considera... Read More

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Posted: May 26 2023, 19:51

Author Name: forexlive

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