As suggested in the CFTC Commitments of Traders report in the week ended June 16, USD Index drifted to NET SHORT of 5 344 contracts. Speculative long positions decreased -10 080 contracts and short positions slipped -47 contracts. Traders trimmed bets on US dollar as risk appetite lifted other currencies. Concerning European currencies, NET LENGTH in EUR futures soared +21 483 contracts to 117 132. NET SHORT for GBP futures declined -8 050 contracts to 15 998 for the week. We expect to see the trend reverse in the coming week. Market sentiment was hurt by resurgent coronavirus cases in Beijing and some US states.