The following table provides a comparison of currency wagers from the Commitments of Traders futures report for the week ended Oct. 4, 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:
================================================================================ Oct. 4 Sept. 27 Year Weekly 2011 2011 Ago Change ================================================================================ Net Long Japanese Yen 43,462 42,322 49,206 Weaker US$ raised Net Short Euro -82,697 -82,473 48,243 Stronger US$ raised Net Long Australian Dollar 12,911 5,167 69,036 Weaker US$ raised Net Short Swiss Franc -1,109 2,424 22,599 Stronger US$ trimmed Net Short Canadian Dollar -15,682 -20,550 42,678 Stronger US$ trimmed Net Short British Pound -68,724 -64,010 9,403 Stronger US$ raised Net Short Mexican Peso -25,431 -20,626 85,764 Stronger US$ raised Net Long New Zealand Dollar 5,566 9,591 16,334 Weaker US$ trimmed Net Long Russian Ruble 12,763 11,959 4,954 Weaker US$ raised ================================================================================ Oct. 4 Week Year 2011 Ago Ago ================================================================================ Net Long U.S. Dollar Index 40,332 38,420 -1,580 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.