In the days ahead of the murder of Jo Cox, a UK member of parliament, apparently for her support for remaining in the EU, speculators in the futures market scooped up sterling. They added 25.4k sterling contracts to lift the gross long position to 61.7k contracts. This is the second largest long speculative position after the mid-March holdings of 62.9k long contracts. In the previous CFTC reporting week ending June 7, speculators were aggressive sellers of sterling futures. They had boosted their gross short position by 33.2k contracts. While the bulls made a stand in the more recent reporting period, and that was ... (full story)