As suggested in the CFTC Commitments of Traders report in the week ended December 17. NET LENGTH in USD Index declined -10 565 contracts to 11 696. Speculative long positions fell -7 706 contracts and short positions gained +2 859 contracts. Concerning European currencies, NET SHORT for EUR futures fell -1 949 contracts to 65 694. NET SHORT for GBP futures dived -16 859 contracts to 16 859.The UK parliament approved PM Boris Johnson’s Withdrawal Agreement, making the Brexit on January 31 almost a done deal. However Johnson’s insistence to not extend the transition period would significantly shorten the duration for trade negotiations with the EU. However, sterling could remain volatile next year as UK and EU proceed to trade negotiations.