IMM speculators pare long US dollar positions

12 Apr, 2009

Currency speculators trimmed their long US dollar positions in the latest week, according to data from the Commodity Futures Trading Commission on Friday. The value of the US dollars net long position was $4.39 billion in the week ending April 7, down from net long transactions of $5.16 billion the prior week.
The aggregate USD position is derived from the net positions of International Monetary Market speculators in the yen, euro, pound, franc, Canadian, and Australian dollars.

Read Comments