POUND SPECULATORS SLIGHTLY REDUCE NET LONG POSITIONS

Published on Nov 25, 2024 12:21

Large currency speculators slightly 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, totalled a net long position of 40315 contracts in the data reported through November 19, 2024. This was a weekly decline of 15735 net contracts.