U.S. dollar net longs hit lowest since late September -CFTC, Reuters data
Written by on November 5, 2021
November 5, 2021
NEW YORK (Reuters) – Speculators’ net long bets on the U.S. dollar fell to their lowest since late September, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.
The value of the net long dollar position was $19.51 billion for the week ended Nov. 2, down from net longs of $20.07 billion in the previous week. U.S. dollar net long positioning has declined for four straight weeks.
(Reporting by Gertrude Chavez-Dreyfuss, Editing by Rosalba O’Brien)