Breaking News
Investing Pro 0

Speculators' net long bets on U.S. dollar trimmed -CFTC, Reuters

Stock Markets Apr 22, 2022 04:17PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. FILE PHOTO: U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic
 
AUD/USD
-2.15%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
DX
+1.18%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

By Saqib Iqbal Ahmed

NEW YORK (Reuters) - Speculators' net long bets on the U.S. dollar fell for a third straight 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 $12.91 billion for the week ended April 19. Last week, speculators' net long position stood at $13.22 billion.

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.

So far this year, the dollar index, a measure of the greenback's value against six major currencies, has gained 5.7%, after a 6.3% rise in 2021.

The dollar has benefited from safe-haven flows following the war in Ukraine, as well as expectations of aggressive Federal Reserve tightening to control the surge in inflation.

The months-long rally has left some investors wondering if the U.S. currency may be close to hitting a near-term peak.

On Friday, the dollar rose to a more than two-year high, continuing to draw support from Federal Reserve Chair Jerome Powell's comments on Thursday that seemed to back a half a percentage point tightening at next month's policy meeting, as well as his remarks on a likely consecutive rate hikes this year.

Japanese Yen (Contracts of 12,500,000 yen)

$10.394 billion

19 Apr 2022 Prior week

week

Long 12,723 9,925

Short 119,910 121,752

Net -107,187 -111,827

EURO (Contracts of 125,000 euros)

$-4.22 billion

19 Apr 2022 Prior week

week

Long 221,003 221,645

Short 189,702 182,585

Net 31,301 39,060

POUND STERLING (Contracts of 62,500 pounds sterling)

$4.785 billion

19 Apr 2022 Prior week

week

Long 36,811 35,514

Short 95,725 88,568

Net -58,914 -53,054

SWISS FRANC (Contracts of 125,000 Swiss francs)

$1.504 billion

19 Apr 2022 Prior week

week

Long 2,900 1,642

Short 14,350 15,584

Net -11,450 -13,942

CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars)

$-1.682 billion

19 Apr 2022 Prior week

week

Long 44,063 37,724

Short 22,837 25,566

Net 21,226 12,158

AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars)

$2.125 billion

19 Apr 2022 Prior week

week

Long 39,201 39,770

Short 68,038 68,485

Net -28,837 -28,715

MEXICAN PESO (Contracts of 500,000 pesos)

$-0.541 billion

19 Apr 2022 Prior week

week

Long 73,710 81,582

Short 52,046 66,622

Net 21,664 14,960

NEW ZEALAND DOLLAR (Contracts of 100,000 New Zealand dollars)

$-0.025 billion

19 Apr 2022 Prior week

week

Long 19,081 16,295

Short 18,716 16,584

Net 365 -289

Speculators' net long bets on U.S. dollar trimmed -CFTC, Reuters
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
tiar maulana
tiar maulana Apr 22, 2022 9:05PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
i.regues i.m tou indo i.mpestasi cripto
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email