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FX Speculators Raise Their Bets on the Dollar in Latest Week

Posted by WorldWideMarkets . on Jul 15, 2013 3:51:00 AM
FX speculators raised their bets in favor of the U.S. dollar in the latest week to $27.94 billion in the period ending July 9, from $22.37 the week before, according to one major house calculation. It was the second straight weekly rise though investors have been long the dollar since mid February. Maintaining recent trends, investors were long the dollar against everything but the Mexican peso and New Zealand dollar, using Commodity Futures Trading Commission data released on Friday. speculator trading
 

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