IMM speculators increase short bets on US dollar

15 Nov, 2009

Currency speculators increased bets against the US dollar in the latest week, according to Commodity Futures Trading Commission data released on Friday. The value of the dollar's net short position rose to $15.48 billion in the week ending November 9 from a net short position of $10.75 billion in the prior week.
The release includes data from the previous Tuesday, but this week's data only covered holdings as of Monday, due to Veterans Day holiday on Wednesday. The aggregate dollar position is derived from the net positions of International Monetary Market speculators in the yen, euro, pound, franc, C$ and A$.

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