US dollar position smallest since June-CFTC
Saturday, December 29, 2007
NEW YORK, Dec 28 (Reuters) - Currency speculators slashed
their bets against the dollar last week, again reducing the
value of their net short position to the smallest since June,
data from the Commodity Futures Trading Commission showed on
Friday.
The short U.S. dollar position shrank to $8.5 billion
in the week to Dec. 24, compared with $11.03 billion in the
prior week.
The aggregate U.S. dollar position is derived from the net
positions of International Monetary Market speculators in yen,
euro, British pound, Swiss franc, Canadian and Australian
dollars.
JAPANESE YEN (Contracts of 12,500,000 yen)
12/24/07 week 12/18/07 week
Long 46,961 54,075
Short 42,948 40,718
Net 4,013 13,357
EURO (Contracts of 125,000 euros)
12/24/07 week 12/18/07 week
Long 68,111 67,396
Short 37,470 36,247
Net 30,641 31,149
POUND STERLING (Contracts of 62,000 pounds sterling)
12/24/07 week 12/18/07 week
Long 34,590 32,117
Short 25,464 20,580
Net 9,126 11,537
SWISS FRANC (Contracts of 125,000 Swiss francs)
12/24/07 week 12/18/07 week
Long 12,643 14,677
Short 24,140 21,661
Net -11,497 -6,984
CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars)
12/24/07 week 12/18/07 week
Long 29,959 34,895
Short 15,236 11,608
Net 14,723 23,287
AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars)
12/24/07 week 12/18/07 week
Long 24,100 19,365
Short 10,560 8,328
Net 13,540 11,037
MEXICAN PESO (Contracts of 500,000 pesos)
12/24/07 week 12/18/07 week
Long 75,331 70,710
Short 3,523 3,821
Net 71,808 66,889
NEW ZEALAND DOLLAR (Contracts of 100,000 New Zealand
dollars)
12/24/07 week 12/18/07 week
Long 14,098 12,556
Short 1,851 2,930
Net 12,247 9,626
(Reporting by Nick Olivari; Editing by Diane Craft)