Speculators Start Cutting Their EUR Longs, Covering Their USD Shorts

After four consecutive weeks of betting on a stronger EUR, speculative traders on the Chicago Mercantile Exchange opted to not chase the single currency higher this week, data from the Commodity Futures Trading Commission (CFTC) showed on Friday. Traders cut their long EUR bet by 37% this week …

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Speculators Start Cutting Their EUR Longs, Covering Their USD Shorts

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