CFTC: USD longs contracted
Here are the essentials of the latest Commitments of Traders (COT) report, released on Jan. 31 by the Commodity Futures Trading Commission (CFTC) for a week ended on Jan. 28.
According to the report, large speculators decreased their overall USD bullish position for the first time in four weeks. Net USD longs fell from $25.9 billion on Jan. 21 to $17.2 billion on Jan. 28. This is the lowest level since November 2013.
Source: CFTC, Reuters, Oanda