This post was originally published on this site
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.
