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COT report: Modest gold and silver longs fuel breakout momentum
In a week where the Dollar Index traded sideways, saw speculators add exposure to existing IMM futures positions, both long and short. Net buying of EUR, JPY, and MXN was offset by fresh selling of GBP, CAD, and AUD, leaving the overall dollar short against eight IMM contracts marginally reduced to USD 5.6 billion. Positioning remains skewed, with the bearish dollar view now concentrated in elevated longs in EUR (USD 17.9 billion) and JPY (USD 7.2 billion). Elsewhere, net shorts continue to dominate—most notably in CAD (–USD 7.6 billion) and AUD (–USD 6.5 billion), the latter edging closer to the record bearish ... (full story)