FX COT Update: AUD Longs At Fresh 2017 Highs

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EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 23k contracts to take the total position to 63k contracts. EUR has now been net-sold for three out of the last four weeks despite strong signals by the ECB that they will announce further tapering at the upcoming October meeting. Uncertainty ahead of the German elections has provided some headwind to ER demand...

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