15 November 2022 | Other

Dollar growth bets have fallen to their minimum for the year

Reuters calculations and information from the U.S. Commodity Futures Trading Commission show that speculators' net long positions in the U.S. dollar reached their minimum in more than a year last week.

The net long position of the dollar lasted a week and ended on November 8. Its value was $2.36 billion. The value of the previous week was $3.08 billion.

Net contracts of the International Monetary Market speculators in Japanese, British, Swiss, Canadian and Australian currencies and euro, were the basis for the positioning of the US dollar.

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