Stock Market News
Speculators cut net long U.S. dollar bets
2022.05.27 23:02
FILE PHOTO: U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic
(Reuters) – Speculators cut their net long U.S. dollar positions in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.
The value of the net long dollar was $17.65 billion in the week ended May 24, compared with a net long of $19.75 billion the previous week.
The Reuters calculation for the aggregate U.S. dollar position is derived from net positions in the yen, euro, British pound, Swiss franc, and Canadian and Australian dollars.
