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CME's speculators raise their bets against the Euro

Euromoney FX News reports that sentiment towards the Euro showed some signs of slowing down.

Speculators on the Chicago Mercantile Exchange have raised their bets against the euro to fresh record levels, although the pace of deterioration in sentiment towards the single currency showed some signs of abating.

Euromoney FXnews reports that:

Positioning data from the CME showed the value of the net short position in the euro rose to a new record of $25.5 billion on January 17, however investors added a relatively modest $0.7 billion of bets against the single currency over the week.

For more up to date analysis and stories on the currency markets, check out Euromoney FX News

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