Business Standard

Monday, December 23, 2024 | 09:30 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Pound speculators net long position rebound from 4-month low

Image

Large currency speculators net long position in the Pound futures rebound from a four month low, 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 56050 contracts in the data reported through November 12, 2024. This was a weekly rise of 10966 net contracts.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 18 2024 | 3:52 PM IST

Explore News