IMM speculators cut long US dollar positions-CFTC

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Fri Mar 13, 2009 3:45pm EDT

 NEW YORK, March 13 (Reuters) - Currency speculators reduced
their long U.S. dollar positions for the first time in five
weeks in the latest week, according to data from the Commodity
Futures Trading Commission on Friday.
 The value of the U.S. dollar's net long position was $4.93
billion in the week ending March 10, down from net long
transactions of $5.75 billion in the prior week.
 The aggregate U.S. dollar position is derived from the net
positions of International Monetary Market speculators in the
yen, euro, British pound, Swiss franc, Canadian, and Australian
dollars.
     JAPANESE YEN (Contracts of 12,500,000 yen)
          3/10/09 week         3/03/09 week
Long          43,326               46,618
Short         24,420               26,548
Net           18,906               20,070
 EURO (Contracts of 125,000 euros)
          3/10/09 week         3/03/09 week
Long          33,930               34,175
Short         44,162               53,606
Net          -10,232              -19,431
 POUND STERLING (Contracts of 62,500 pounds sterling)
          3/10/09 week         3/03/09 week
Long          11,420               14,845
Short         42,100               40,294
Net          -30,680              -25,449
 SWISS FRANC (Contracts of 125,000 Swiss francs)
          3/10/09 week         3/03/09 week
Long           4,784                4,253
Short         16,237               17,163
Net          -11,453              -12,910
 CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars)
          3/10/09 week         3/03/09 week
Long           7,991               11,859
Short         28,281               30,872
Net          -20,290              -19,013
 AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars)
          3/10/09 week         3/03/09 week
Long          11,649               12,386
Short         15,594               15,172
Net           -3,945               -2,786
 MEXICAN PESO (Contracts of 500,000 pesos)
          3/10/09 week         3/03/09 week
Long           5,223                4,750
Short         21,378               22,011
Net          -16,155              -17,261
 NEW ZEALAND DOLLAR (Contracts of 100,000 New Zealand
dollars)
          3/10/09 week         3/03/09 week
Long           2,116                2,139
Short         10,095                8,907
Net           -7,979               -6,768
 (Reporting by Wanfeng Zhou; Editing by Dan Grebler)


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