Speculators' net short USD bets rise highest since July 2021 -CFTC, Reuters
Dec 9 (Reuters) - Speculators' net short bets on the U.S. dollar rose 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 short dollar position was $2.23 billion for the week ended Dec. 6, the largest since July 2021. Last week speculators' net short bets stood at $938 million.
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.
Speculators' net long position on the euro rose to 124,883 contracts in the latest week, up from a net long position of 122,247 contracts.
JAPANESE YEN (Contracts of 12,500,000 yen)
06 Dec 2022
Prior week
week
Long
23,589
28,125 Short
89,585
95,519 Net
-65,996
-67,394
EURO (Contracts of 125,000 euros)
06 Dec 2022
Prior week
week
Long
245,063
241,122 Short
120,180
118,875 Net
124,883
122,247
POUND STERLING (Contracts of 62,500 pounds sterling)
06 Dec 2022
Prior week
week
Long
28,539
26,000 Short
56,732
62,584 Net
-28,193
-36,584
SWISS FRANC (Contracts of 125,000 Swiss francs)
06 Dec 2022
Prior week
week
Long
1,343
1,488 Short
13,573
15,735 Net
-12,230
-14,247 CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars)
06 Dec 2022
Prior week
week
Long
30,717
35,123 Short
52,807
51,239 Net
-22,090
-16,116
AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars)
06 Dec 2022
Prior week
week
Long
36,334
35,045 Short
76,897
79,675 Net
-40,563
-44,630
MEXICAN PESO (Contracts of 500,000 pesos)
06 Dec 2022
Prior week
week
Long
177,555
199,744 Short
129,603
133,658 Net
47,952
66,086 NEW ZEALAND DOLLAR (Contracts of 100,000 New Zealand dollars)
06 Dec 2022
Prior week
week
Long
16,302
18,855 Short
22,800
23,909 Net
-6,498
-5,054
Reporting by Saqib Iqbal Ahmed; Editing by Leslie Adler and Diane Craft
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
