FX COT Update: Euro Longs At Highest Level Since 2007

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EURUSD     Non-Commercials have increased their net long positions in the Euro last week, buying a further 21k contracts to take the total position to 113.9k contracts. This latest increase in upside exposure takes EUR longs to their highest levels since 2007, reflecting the growing consensus that the ECB will taper more quickly than currently scheduled, in response to conti...

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