Speculators’ net long bets on USD fall -CFTC, Reuters

Signage is seen outside of the US Commodity Futures Trading Commission (CFTC) in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly

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NEW YORK, Aug 5 (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 $17.27 billion for the week ended Aug. 2, compared with a net long position of $18.46 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.

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

$4.013 billion

EURO (Contracts of 125,000 euros)

$4.931 billion

POUND STERLING (Contracts of 62,500 pounds sterling)

$4.291 billion

SWISS FRANC (Contracts of 125,000 Swiss francs)

$1.738 billion

CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars)

$-1.574 billion

AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars)

$3.871 billion

MEXICAN PESO (Contracts of 500,000 pesos)

$0.555 billion

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

$0.098 billion

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Reporting by Saqib Iqbal Ahmed; Editing by Chris Reese and Diane Craft

Our Standards: The Thomson Reuters Trust Principles.

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