© Reuters. FILE PHOTO: Signage is seen exterior of the US Commodity Futures Buying and selling Fee (CFTC) in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew KellyNEW YORK (Reuters) -Speculators’ web lengthy bets on the U.S. greenback fell within the newest week, in keeping with calculations by Reuters and U.S. Commodity Futures Buying and selling Fee knowledge launched on Friday.
The worth of the web lengthy greenback place was $18.46 billion for the week ended July 26, in contrast with a web lengthy place of $18.98 billion, final week.
U.S. greenback positioning was derived from web contracts of Worldwide Financial Market speculators within the Japanese yen, euro, British pound, Swiss franc, and Canadian and Australian {dollars}.
The U.S. greenback has risen about 11% in opposition to a basket of currencies this yr, helped by a hawkish Federal Reserve and heightened geopolitical tensions which have boosted the buck’s safe-haven enchantment.
A mixture of profit-taking and a powerful rebound in traders’ urge for food for riskier currencies in current weeks, nevertheless, has sapped a few of the greenback’s attract.
On Friday, the slipped to a close to four-week low.
JAPANESE YEN (Contracts of 12,500,000 yen)
$5.613 billion
26 Jul 2022 Prior week
week
Lengthy 43,812 42,880
Brief 105,293 102,105
Web -61,481 -59,225
EURO (Contracts of 125,000 euros)
$5.257 billion
26 Jul 2022 Prior week
week
Lengthy 198,041 195,875
Brief 239,625 238,620
Web -41,584 -42,745
POUND STERLING (Contracts of 62,500 kilos sterling)
$4.058 billion
26 Jul 2022 Prior week
week
Lengthy 34,606 31,943
Brief 88,596 89,193
Web -53,990 -57,250
SWISS FRANC (Contracts of 125,000 Swiss francs)
$1.467 billion
26 Jul 2022 Prior week
week
Lengthy 8,138 6,948
Brief 19,437 17,860
Web -11,299 -10,912
CANADIAN DOLLAR (Contracts of 100,000 Canadian {dollars})
$-1.224 billion
26 Jul 2022 Prior week
week
Lengthy 46,414 42,040
Brief 30,645 35,373
Web 15,769 6,667
AUSTRALIAN DOLLAR (Contracts of 100,000 {dollars})
$3.288 billion
26 Jul 2022 Prior week
week
Lengthy 30,024 30,578
Brief 77,409 73,726
Web -47,385 -43,148
MEXICAN PESO (Contracts of 500,000 pesos)
$0.731 billion
26 Jul 2022 Prior week
week
Lengthy 96,752 97,965
Brief 126,650 128,725
Web -29,898 -30,760
NEW ZEALAND DOLLAR (Contracts of 100,000 New Zealand {dollars})
$0.261 billion
26 Jul 2022 Prior week
week
Lengthy 17,311 15,791
Brief 21,497 19,462
Web -4,186 -3,671
