Euro Speculators Trim Bearish Bets Amid Market Shift

According to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC), large currency speculators have slightly reduced their net short position in the Euro futures market. The non-commercial futures contracts of Euro futures, traded by large speculators and hedge funds, totaled a net short position of 58091 contracts as of August 4th, 2026.

This represents a weekly reduction of 14356 net positions, indicating that these investors have slightly decreased their bearish bets on the Euro. The data suggests that some market participants are becoming less pessimistic about the Euro's value in the short term.