Pound currency speculators turn net long

Large currency speculators made a sharp recovery and turned net long in the Pound futures, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net long position of 4463 contracts in the data reported through February 25, 2025. This was a weekly rise of 5042 net long contracts.

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