Speculators Trim Bullish Euro Bets as Net Long Positions Edge Lower

Bullish wagers on the euro eased in the latest reporting period, with CFTC data showing a modest pullback in speculative net positions. According to figures updated on 8 May 2026, net long positions in EUR futures slipped to 32.2K contracts, down from 35.7K previously.

The reduction suggests that some traders are taking profit or turning more cautious on the single currency, even as positioning remains net long overall. While the move is not dramatic, it indicates a slight cooling in optimism toward the euro among speculative investors in the Euro Zone. Market participants will be watching upcoming economic data and central bank signals to gauge whether this shift marks the start of a broader repositioning or a temporary pause in euro bullishness.