US dollar’s weakness continued as risk appetite improved. As suggested in the CFTC Commitments of Traders report in the week ended December 15, NET SHORT of USD Index futures more than doubled to 14 056 contracts. Speculative long positions plunged -8 499 contracts and short positions dropped -929 contracts. Concerning European currencies, NET LENGTH in EUR futures declined -14 596 contracts to 141 833. NET LENGTH of GBP futures fell -1 642 contract to 4 068. British pound rallied last week, rising to a level not seen since May 2018 against US dollar, amidst hopes that a Brexit deal will be reached by Sunday.