Speculators’ net long U.S. dollar bets hit highest since mid-October

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.

(Reporting by Gertrude Chavez-Dreyfuss; Editing by Leslie Adler)

Could these stocks jump this week?

How would you like a 7-figure trader to send you his stock watchlist every Sunday? Many traders spend 5-10 hours minimum every week looking for stocks that could spike. Put in your email below and you’ll automatically get the hottest 3-5 stocks to watch every week. That’s up to 260 opportunities per year at no charge.

Legendary penny stock trader, Tim Sykes, went from school to now a featured guest on the Steve Harvey Show, Larry King LIVE and others. Yet, only in his best-selling book, An American Hedge Fund, is it revealed how he turned his bar mitzvah money into over $4.5 million in trading profits. Put in your email below and get your free copy.

Trading isn’t luck and you aren’t born with the skills. I believe it only takes hard work and discipline to trade full-time. If you’re are willing to accept that, you’re ready to apply (free) to my world-renowned Trading Challenge. Put in your email to get complete details. It doesn’t cost a penny.

Hot Topics

Speculators’ net long U.S. dollar bets hit highest since mid-October – CFTC, Reuters data