As suggested in the CFTC Commitments of Traders report in the week ended November 2, NET LENGTH of USD index futures added +525 contracts to 34 982. Bets increased on longs but dropped on shorts. The greenback got supported as the Fed will formally start QE tapering in mid-November. Concerning European currencies, NET SHORT of EUR futures declined -5 118 contracts to 6 138. NET LENGTH of GBP futures edged higher, by +94 contracts to 15 047. The BOE disappointed the market by leaving the Bank rate unchanged in November. Sterling slumped after the meeting .