“There remain some rather surprising aspects of the data, however, which – at the very least – suggest that the U.S.
Data also showed euro net longs fell in the latest week to 22,201 contracts, which Scotiabank said was a surprise given the geopolitical and monetary policy risks in the euro zone.
In cryptocurrencies, bitcoin futures posted their largest net long position since the contract was launched in 2018.
Bitcoin has stabilized within the $37,000-$40,000 range, with the Ukraine war, soaring inflation, and Fed rate hikes as backdrop.
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