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Speculators cut long U.S. dollar bets in latest week By Reuters

by Press Room
August 12, 2022
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© Reuters. FILE PHOTO: U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) – Speculators decreased their net long U.S. dollar positions 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 $12.97 billion in the week ended Aug. 9, compared with a net long of $17.27 billion the previous week.

The Reuters calculation for the aggregate U.S. dollar position is derived from net positions in the yen, euro, British pound, Swiss franc, and Canadian and Australian dollars.

Read the full article here

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