IMM speculators increase long bets on US dollar-CFTC

NEW YORK, Feb 5 (BestGrowthStock) – Currency speculators increased
bets for further gains on the U.S. dollar in the latest week,
according to Commodity Futures Trading Commission data released
on Friday.

The value of the dollar’s net long position rose to $5.84
billion in the week ending Feb. 2, its highest level since the
week of March 24 and up from $3.11 billion in the previous
week, according to Reuters calculations.

The Reuters calculation for the aggregate U.S. dollar
position is derived from the net positions of International
Monetary Market speculators in the yen, euro, British pound,
Swiss franc, Canadian and Australian dollars.

JAPANESE YEN (Contracts of 12,500,000 yen)

2/02/10 week 1/26/10 week

Long 30,177 28,821

Short 23,042 33,168

Net 7,135 -4,347

EURO (Contracts of 125,000 euros)

2/02/10 week 1/26/10 week

Long 31,207 33,106

Short 74,948 72,645

Net -43,741 -39,539

POUND STERLING (Contracts of 62,500 pounds sterling)

2/02/10 week 1/26/10 week

Long 14,611 15,075

Short 48,579 42,228

Net -33,968 -27,153

SWISS FRANC (Contracts of 125,000 Swiss francs)

2/02/10 week 1/26/10 week

Long 10,344 12,421

Short 12,119 6,716

Net -1,775 5,705

CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars)

2/02/10 week 1/26/10 week

Long 25,639 35,659

Short 10,284 9,850

Net 15,355 25,809

AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars)

2/02/10 week 1/26/10 week

Long 46,531 61,097

Short 13,260 15,779

Net 33,271 45,318

MEXICAN PESO (Contracts of 500,000 pesos)

2/02/10 week 1/26/10 week

Long 52,997 67,133

Short 10,344 8,994

Net 42,653 58,139

NEW ZEALAND DOLLAR (Contracts of 100,000 New Zealand
dollars) -383,161,940.00

2/02/10 week 1/26/10 week

Long 15,251 16,005

Short 9,868 7,534

Net 5,383 8,471

Stocks

(Reporting by Vivianne Rodrigues)

IMM speculators increase long bets on US dollar-CFTC