IMM speculators turn long US dollars

18 Jan, 2009

Currency speculators turned long US dollars in the latest week after being short in the last four, according to data from the Commodity Futures Trading Commission on Friday. The value of the US dollar's net short position was around $322 million in the week ending January 13, from a net short position of $770 million the previous week.
The aggregate US dollar position is derived from the net positions of International Monetary Market speculators in the yen, euro, British pound, Swiss franc and Canadian and Australian dollars.

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