Money managers cut their bullish US dollar exposure against eight IMM currency futures by a quarter last week to reach the lowest level since July 2014. Buying of EURUSD was the main driver behind the reduction while traders turned bullish on the Australian dollar for the first time since May.
from Ole Hansen - Authored content https://www.tradingfloor.com/posts/cot-eurusd-buying-drives-bullish-dollar-bets-to-19-month-low-7146341?utm_medium=tf4-feed&utm_source=extract
COT: EURUSD buying drives bullish dollar bets to 19-month low
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