Off The Wire
U.S. dollar net shorts surge to highest in nine years: CFTC, Reuters
NEW YORK (Reuters) - Speculators’ net short U.S. dollar positioning soared to the highest since August 2011, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.
The value of the net short dollar position hit $24.27 billion in the week ended July 28, from net shorts of $18.81 billion the previous week.
Reporting by Gertrude Chavez-Dreyfuss; Editing by Tom Brown
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