According to CFTC, last week ,market participants added 9435 contracts=-1.3 billion dollar to the bets on Europe currency value decrease, causing the Euro SHORT selling to reach its highest level in last 4 months (-10.3 billion dollar).
Euro: The 9-billion-dollar gamble on Europe’s money value deduction
US Commodity Futures Trading Commission (CFTC) states Europe’s money is in short sales situation and the number of sales opportunities has raised USD 652 million and reached over nine billion dollars equivalent to 65,978 contracts which indicate Euro’s fall in next week.
Net Euro Shorts Increased to USD5.4 Billion!
Net Euro shorts increased to USD5.4 billion, USD11 million weekly growths. It will cause more weakness of Euro in coming week.
Europe Attempts to Replace Dollar with Euro:
In annual Euroregion Bank Summit, the significance of Euro in world economy was mentioned. In comparison with 1991, it is more helpful for the Euro region to have an international currency now. European Commission had issued some topics about the ways to make Euro more significant in the world which was related to foreign policies…
US investors have started to buy Copper, Oil, Pound and Yen
U.S. Commodity Futures Trading Commission (CFTC) declared that US investors have been selling #Silver #Euro #Aluminum and #Gold…and have started to buy #Copper, #Oil, #Pound and #Yen of Japan.
Gamble of currency investors due the European currency devaluation!
According to U.S. Commodity Futures Trading Commission (CFTC), net #Euro shorts grew by $353 million dollar last week and are likely to remain in vogue ahead of the # ECB’s monetary policy meeting in September.