FX COT Update: JPY Short Position Hits Highest Level Since 2014

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EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 1k contracts to take the total position to 84.5k contracts. The pause in bullish momentum for EUR positioning can partially be explained by continued political uncertainty in Germany, though given that the EUR rose over 1% against the USD last week, it appears that the market is not too concerned. The SPD ha...

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