Ruble (CFTC): speculators continue to sell

As follows from the latest data of the US Commission for Trade in Commodity Futures (CFTC), the week before August 15, the volume of net short speculative position in ruble futures increased by 1,006 contracts to 6,804 contracts. We note that speculators are in a pure “short” for the Russian currency since June, and in the previous 17 months their net position remained long. In this quarter the ruble has fallen in price against the dollar by 0.1%


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