Browsing Tag

Sterling

FX COT Update

EURUSD Non-Commercials reduced their net long positions in the Euro last week selling 12k contracts to take the total position to 11k contracts. The record long position that built up in EUR over the first few months of the year, on… Read More

Forex COT Update

EURUSD Non-Commercials increased their net long positions in the Euro last week, buying a further 8k contracts to take the total position to 30k contracts. This latest buying spree of the EUR reflects the market’s relief in response to… Read More

Brexit talks border on failure.

UK PM Theresa failed to reach an agreement with the EU regarding the first phase of the Brexit negotiations as a result of a last-minute disagreement over the Irish border. Northern Ireland’s Democratic Unionist Party, upon which PM Theresa… Read More