Speculators’ net long bets on U.S. dollar cut

Speculators’ net long bets on U.S. dollar cut



© Reuters. FILE PHOTO: Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration

NEW YORK (Reuters) – Speculators’ net long bets on the U.S. dollar fell to a 5-week low, 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 $14.71 billion for the week ended May 31. Last week, speculators’ net long position stood at $17.65 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.



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