Speculators raise US dollar longs in latest week-CFTC

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Fri Apr 2, 2010 3:57pm EDT 

 NEW YORK, April 2 (Reuters) - Currency speculators
increased their bets on the U.S. dollar in the latest week,
according to Commodity Futures Trading Commission data
released on Friday.
 The value of the dollar's net long position totaled $12.28
billion in the week ending March 30, compared with a net long
of $4.08 billion the previous week, according to CFTC and
Reuters data. The latest week's net long dollar position was
the largest since Feb. 23, according to Reuters estimates.
 The Reuters calculation for 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.
 Speculators, meanwhile, further raised their short
positions on the euro to a new record of -85,326 contracts,
according to CFTC data. The single currency has been under
selling pressure on persistent concerns over debt troubles in
Greece.
 JAPANESE YEN (Contracts of 12,500,000 yen)
          3/30/10 week         3/23/10 week
Long          17,174               41,030
Short         48,040               30,869
Net          -30,866               10,161
 EURO (Contracts of 125,000 euros)
          3/30/10 week         3/23/10 week
Long          35,205               39,953
Short        120,531              114,870
Net          -85,326              -74,917
 POUND STERLING (Contracts of 62,500 pounds sterling)
          3/30/10 week         3/23/10 week
Long          11,965               11,349
Short         79,038               82,973
Net          -67,073              -71,624
 SWISS FRANC (Contracts of 125,000 Swiss francs)
          3/30/10 week         3/23/10 week
Long           6,735                9,239
Short         13,275               10,327
Net           -6,540               -1,088
 CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars)
          3/30/10 week         3/23/10 week
Long          88,595               90,278
Short         18,299               17,251
Net           70,296               73,027
 AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars)
-6,367,492,200.00
          3/30/10 week         3/23/10 week
Long          79,698               84,248
Short         10,358                9,909
Net           69,340               74,339
 MEXICAN PESO (Contracts of 500,000 pesos)
-4,430,170,985.08
          3/30/10 week         3/23/10 week
Long         113,370              114,686
Short          3,772                4,824
Net          109,598              109,862
 NEW ZEALAND DOLLAR (Contracts of 100,000 New Zealand
dollars) -412,109,880.00
          3/30/10 week         3/23/10 week
Long          13,049               13,621
Short          7,243                8,132
Net            5,806                5,489
 (Reporting by Gertrude Chavez-Dreyfuss; Editing by Jan
Paschal)
Currencies
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