IMM speculators go long on U.S. dollar-CFTC
NEW YORK, Aug 1 (Reuters) - Currency speculators increased bets on the U.S. dollar for the first time since June, the latest weekly data from the Commodity Futures Trading Commission showed on Friday.
The value of the U.S. dollar's net long position was $1.73 billion in the week to July 29, from a net short of $9.66 billion the previous week, according to Reuters estimates.
The aggregate U.S. dollar position is derived from the net positions of International Monetary Market speculators in the yen, euro, British pound, Swiss franc, Canadian and Australian dollars.
JAPANESE YEN (Contracts of 12,500,000 yen)
7/29/08 week 7/22/08 week
Long 39,162 48,433
Short 45,442 37,909
Net -6,280 10,524
EURO (Contracts of 125,000 euros)
7/29/08 week 7/22/08 week
Long 51,585 70,588
Short 67,803 66,517
Net -16,218 4,071
POUND STERLING (Contracts of 62,500 pounds sterling)
7/29/08 week 7/22/08 week
Long 43,269 48,513
Short 41,809 45,191
Net 1,460 3,322
SWISS FRANC (Contracts of 125,000 Swiss francs)
7/29/08 week 7/22/08 week
Long 17,401 17,900
Short 22,056 19,566
Net -4,655 -1,666
CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars)
7/29/08 week 7/22/08 week
Long 29,682 43,572
Short 31,928 21,683
Net -2,246 21,889
AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars)
7/29/08 week 7/22/08 week
Long 40,755 67,105
Short 11,836 13,517
Net 28,919 53,588
(Reporting by Vivianne Rodrigues; Editing by Jonathan Oatis)
© Thomson Reuters 2009. All rights reserved. | Learn more about Thomson Reuters
