Previous Close | 20.6415 |
Open | 20.6546 |
Bid | 20.6214 |
Day's Range | 20.5160 - 20.6757 |
52 Week Range | 19.4121 - 22.1500 |
Ask | 20.6238 |
U.S. dollar positioning was derived from net contracts of International Monetary Market speculators in the Japanese yen, euro, British pound, Swiss franc, and Canadian and Australian dollars. In a wider measure of dollar positioning that includes net contracts on the New Zealand dollar, Mexican peso, Brazilian real and Russian rouble, the greenback posted a net long position of $15.50 billion, up from $14.31 billion a week earlier. The U.S. dollar has risen 9% against a basket of currencies this year, helped by a hawkish Federal Reserve and heightened geopolitical tensions that have boosted the greenback's safe-haven appeal.
The country’s multi-billion remittances business and difficulties in transferring money create an “unique opportunity,” the company said.
U.S. dollar net long positioning fell for a seventh consecutive week. The U.S. dollar positioning was derived from net contracts of International Monetary Market speculators in the Japanese yen, euro, British pound, Swiss franc, as well as Canadian and Australian dollars. In a wider measure of dollar positioning, which includes net contracts on the New Zealand dollar, Mexican peso, Brazilian real and Russian rouble, the greenback posted a net long position of $3.84 billion this week, from $5.05 billion in the prior week.