Speculators increased their net long dollar position in the latest week, according to calculations by Reuters and US Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position, derived from net positions of International Monetary Market speculators in the yen, euro, British pound, Swiss franc and Canadian and Australian dollars, rose to $13.94 billion in the week ended Feb. 11, from $12.69 billion the previous week.
In a wider measure of dollar positioning that includes net contracts on the New Zealand dollar, Mexican peso, Brazilian real and Russian ruble, the US dollar posted a net long position valued at $9.69 billion, up from $8.07 billion a week earlier.