Hedge Funds Bearish USD, First Time Since July 2014

Reuters: Speculators have net dollar short positions for first time since May
The value of the dollar's position fell to -$1.85 billion in the week ended April 19, from $0.4 billion the previous week, according to Reuters calculations and data from the Commodity Futures Trading Commission released on Friday.

It was the first time since May 6 that investors have been short the dollar on a net basis. Net long yen contracts rose to 71,870, the highest since Reuters records began in March 1995, surpassing the previous high touched last week when yen contracts rose to 66,190.

The iFeng headline says hedge funds are net short USD for the first time since July 2014: 美元遭对冲基金看空 为2014年7月以来首次

July 2014 was when the USD rally kicked off.

No comments:

Post a Comment