The following table provides a comparison of currency wagers from the Commitments of Traders futures report for the week ended Sept. 27, according to the Chicago Mercantile Exchange.
Speculative net future positions, or bets that the U.S. dollar will rise or fall against various currencies are listed below:
================================================================================ Sept. 27 Sept. 20 Year Weekly 2011 2011 Ago Change ================================================================================ Net Long Japanese Yen 42,322 45,617 28,666 Weaker US$ trimmed Net Short Euro -82,473 -79,460 35,330 Stronger US$ raised Net Long Australian Dollar 5,167 23,095 69,533 Weaker US$ trimmed Net Long Swiss Franc 2,424 4,221 19,993 Weaker US$ trimmed Net Short Canadian Dollar -20,550 -5,458 27,870 Stronger US$ raised Net Short British Pound -64,010 -59,755 -2,194 Stronger US$ raised Net Short Mexican Peso -20,626 -16,890 66,591 Stronger US$ raised Net Long New Zealand Dollar 9,591 13,565 17,270 Weaker US$ trimmed Net Long Russian Ruble 11,959 11,240 n/a Weaker US$ raised ================================================================================ Sept. 27 Week Year 2011 Ago Ago ================================================================================ Net Long U.S. Dollar Index 38,420 34,248 1,384 Futures are agreements to buy or sell assets at a set price and date. The figures reflect holdings in currency-futures contracts at the Chicago Mercantile Exchange as of Tuesday. Each Friday the CFTC publishes aggregate numbers for long and short positions for speculators such as hedge funds and institutional investors that buy or sell futures to protect against price moves. Analysts and investors follow changes in speculators’ positions because such transactions can reflect an expectation of a change in prices.