# EUR/USD Bullish Bets Persist Despite Russian Risks, GBP/USD Flip to Net Long – COT Report | Forex trading, free forex education | Forex.ca

> A weekly COT report showed speculative net longs in the US dollar fell for a fifth straight week to the smallest since August, while speculators flipped sterling to a net long position. Traders saw the yen or Swiss franc as better safe havens than the dollar amid Russia-Ukraine tensions.

- Date: 2022-02-21 · published 2022-02-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/42944-eur-usd-bullish-bets-persist-despite-russian-risks-gbp-usd-flip-to-net-long-cot
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Positioning data indicates a softer dollar backdrop, which can marginally support dollar-priced commodities, but it is a routine positioning update with little direct effect on feed prices.

## Read by commodity

- DXY: neutral

## Sources

- forex.ca: https://www.forex.ca/eur-usd-bullish-bets-persist-despite-russian-risks-gbp-usd-flip-to-net-long-cot-report/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.