EuroFX Futures Large Speculator bets fall to 2013 low

EuroFX:

eurofx

EuroFX: Large trader positions for the euro decreased last week for a second week in a row. Euro contracts declined to a total net position of -49,095 contracts in the data reported for March 26th following the previous week’s total of -44,884 net contracts on March 19th. This is a change of -4,211 contracts from the previous week.

Euro spec positions are at a new low level for 2013 and the lowest standing since November 27 2012 when positions stood at -66,693 contracts. EuroFx speculative contracts have now been in bearish territory for five weeks in a row.