Speculators’ net long USD betting increases -CFTC and Stocksak By Stocksak

© Stocksak. FILE PHOTO : Signage seen outside the US Commodity Futures Trading Commission in Washington, D.C. U.S.A., August 30, 2020. REUTERS/Andrew Kelly

By SaqibIqbal Ahmed

NEW YORK (Stocksak), -Speculators’ net long positions on the U.S. Dollar edged higher in week 2, according to Stocksak calculations and U.S. Commodity Futures Trading Commission data, released Friday.

The value of the net short dollar position was $10.21 Billion for the week ending Oct. 18, compared to $9.33 Billion last week.

U.S. Dollar positioning was derived by net contracts of International Monetary Market traders in the Japanese, euro, British, Swiss, and Canadian yens.

CFTC data also showed that the Japanese yen’s net shorts increased to 94,336 contract in the most recent week, the largest short position since May. The yen has been the most affected against the dollar of all major currencies. This is because the Bank of Japan remains the only central banking institution that is not in a tightening phase. The yen has fallen by almost 22% against the dollar in this year’s exchange.

Japanese authorities likely intervened in markets to stem the slide of the country’s battered currency on Friday, market participants said, following an unexpected jump in the yen against the dollar.

Japanese Yen (Contracts up to 12,500,000 yen).

18 October 2022 Prior Week


Long 30,583 30,149

Short 124,919

Net -94 336 -77 393

EURO (Contracts up to 125,000 euros)

18 Oct 2022 Prior Week


Long 202 703 196,136

Short 154,553 158.637

Net 48,150 37.499

POUND STERLING (Contracts for 62,500 Pounds Sterling)

18 October 2022 Prior Week


Long 40,328 48.979

Short 91 539 88,149

Net -51.211-39.170

SWISS FRANC (Contracts up to 125,000 Swiss francs

18 Oct 2022 Prior Week


Long 7,052 5501

Short 14,138 11,391

Net -7.086 -5.890

CANADIAN DOLLAR (Contracts for 100,000 Canadian Dollars)

18 October 2022 Prior Week


Long 35,384 Long 32,476

Short 55,957, 58,148

Net -20.573 -25.672

AUSTRALIAN DOLLAR (Contracts over 100,000 Dollars)

18 October 2022 Prior Week


Long 33,046 293,325

Short 68.405 60.596

Net -35.359 -31.271

MEXICAN PESO (Contracts for 500,000 pesos).

18 Oct 2022 Prior Week


Long 133,432 120 2,239

Short 155,726 153.893

Net -22.294 -33.654

NEW ZEALAND DOLLAR (Contracts for 100,000 New Zealand Dollars)

18 October 2022 Prior Week


Long 10,328 11,894

Short 28,773 30,936

Net -18.445 -19.042

News Source and Credit

Stocksak Editorial

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