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US dollar net shorts hit largest since August -CFTC – 2024-01-10

NEW YORK, Jan 10 (Reuters) – Speculators’ net short
positioning on the U.S. dollar hit its largest level since last
August in the latest week, U.S. Commodity Futures Trading
Commission and LSEG data released on Jan. 5.

Reuters was unable to publish the CFTC data last Friday due
to an automation failure.

Data showed the value of net short dollar positions rose to
minus $10.54 billion for the week ended Jan. 2nd, from $9.05
billion the previous week. U.S. dollar net short positioning
rose for a second consecutive week.

U.S. dollar positioning was derived from net
contracts of International Monetary Market speculators in the
Japanese yen, euro, British pound, Swiss franc, Canadian,
Australian and New Zealand dollars, Mexican peso, Brazilian real
and Russian rouble.

Net shorts on the U.S. dollar have been underpinned by

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