CFTC: USD longs near 4-month low
Here are the essentials of the latest Commitments of Traders (COT) report, released on Feb. 28 by the Commodity Futures Trading Commission (CFTC) for a week ended on Feb. 25.
According to the report, large speculators decreased their overall USD bullish position from $16.28 billion in the week ended Feb. 18 to $13.77 billion in the week ended Feb. 25. This is the lowest reading since the beginning of November.
Note, that it’s still the 17th week in a row of long USD net position. The last time speculators were net short the greenback was in late October.