Speculators raise short U.S. dollar bets to largest since Oct-CFTC, Reuters

By Kitco News / February 02, 2018 / www.kitco.com / Article Link

NEW YORK, Feb 2 (Reuters) - Speculators' net short U.S. dollar bets increased in the latest week to their highest since around mid-October, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.

The value of the net short dollar position, derived from net holdings of International Monetary Market speculators in the yen, euro, British pound, Swiss franc and Canadian and Australian dollars, was $13.73 billion, in the week to Jan. 30.

The previous week's net short position on the dollar was $11.47 billion.


(Reporting by Gertrude Chavez-Dreyfuss; Editing by Susan Thomas)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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