Speculators' net long bets on USD trimmed -CFTC, Reuters



NEW YORK, July 29 (Reuters) - Speculators' net long bets on the U.S. dollar fell in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.

The value of the net long dollar position was $18.46 billion for the week ended July 26, compared with a net long position of $18.98 billion, last week.

U.S. dollar positioning was derived from net contracts of International Monetary Market speculators in the Japanese yen, euro, British pound, Swiss franc, and Canadian and Australian dollars.

The U.S. dollar has risen about 11% against a basket of currencies this year, helped by a hawkish Federal Reserve and heightened geopolitical tensions that have boosted the greenback's safe-haven appeal. =USD

A mix of profit-taking and a strong rebound in investors' appetite for riskier currencies in recent weeks, however, has sapped some of the dollar's allure.

On Friday, the dollar index slipped to a near four-week low.

JAPANESE YEN (Contracts of 12,500,000 yen) $5.613 billion

26 Jul 2022

Prior week

week

Long

43,812

42,880 Short

105,293

102,105 Net

-61,481

-59,225 EURO (Contracts of 125,000 euros) $5.257 billion

26 Jul 2022

Prior week

week

Long

198,041

195,875 Short

239,625

238,620 Net

-41,584

-42,745 POUND STERLING (Contracts of 62,500 pounds sterling) $4.058 billion

26 Jul 2022

Prior week

week

Long

34,606

31,943 Short

88,596

89,193 Net

-53,990

-57,250 SWISS FRANC (Contracts of 125,000 Swiss francs) $1.467 billion

26 Jul 2022

Prior week

week

Long

8,138

6,948 Short

19,437

17,860 Net

-11,299

-10,912 CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars) $-1.224 billion

26 Jul 2022

Prior week

week

Long

46,414

42,040 Short

30,645

35,373 Net

15,769

6,667 AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars) $3.288 billion

26 Jul 2022

Prior week

week

Long

30,024

30,578 Short

77,409

73,726 Net

-47,385

-43,148 MEXICAN PESO (Contracts of 500,000 pesos) $0.731 billion

26 Jul 2022

Prior week

week

Long

96,752

97,965 Short

126,650

128,725 Net

-29,898

-30,760 NEW ZEALAND DOLLAR (Contracts of 100,000 New Zealand dollars) $0.261 billion

26 Jul 2022

Prior week

week

Long

17,311

15,791 Short

21,497

19,462 Net

-4,186

-3,671


Reporting by Saqib Iqbal Ahmed

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