Swiss Economicblogs.org
In the sessions before and after the UK referendum speculators in the currency futures did three things. First, they generally reduced exposure.This means gross longs and short positions were reduced. Of the 16 gross speculative currency futures positions we track, 12 fell. Euro: Speculators were divided Second, speculators were divided about what to do with the euro. The bulls added 20.9k contracts to their gross long...
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