As suggested in the CFTC Commitments of Traders report in the week ended September 28, NET LENGTH of USD index futures gained +1 361 contracts to 26 461. Concerning European currencies, NET LENGTH in EUR futures slumped -11 223 contracts to just 872. Speculative shorts soared remarkably, by +16 860 contracts. GBP futures returned to NET LENGTH of 1 964 contracts. British pound’s recovery after the hawkish BOE meeting proved short-lived. The market is concerned about the implications of energy shortage.