FILE PHOTO: A U.S. 5 dollar note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration

November 29, 2021

NEW YORK (Reuters) – Speculators’ net long bets on the U.S. dollar rose to the highest level since mid-October, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Monday.

The value of the net long dollar position was $22.11 billion for the week ended Nov. 23, up from net longs of $18.30 billion in the previous week. U.S. dollar net long positioning rose for the first time in seven weeks.

(Reporting by Gertrude Chavez-Dreyfuss; Editing by Leslie Adler)


Source: One America News Network

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