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CFTC data showed non-commercial traders’ net short euro position reached almost 158,000 contracts in the week to November 3, its largest since January 2016, while gross shorts hit a record. The euro traded above 1.1200 during the period, while the dollar index climbed above 102 after stronger US payrolls data.
The strong bearish positioning could pressure the euro, though crowded shorts may amplify a rebound if the dollar rally fades. Currency moves can affect the cost of imported feed ingredients, but the article reports no direct commodity-market change.
dailybyte.pkThe Daily ByteNov 8, 2026After 15 past bearish report events, Euro (USD per EUR) moved a median +0.0% over 5 sessions (60% higher; middle half -0.6% to +0.4%), and -0.0% over 20.
After 53 past bullish report events, US Dollar (Broad) moved a median +0.1% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
