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Keyword: dollarbear

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  • Dollar falls as speculators readjust positions

    04/11/2005 8:31:08 AM PDT · by TigerLikesRooster · 12 replies · 868+ views
    FT ^ | 04/11/05 | Steve Johnson
    Dollar falls as speculators readjust positions By Steve JohnsonPublished: April 11 2005 11:34 | Last updated: April 11 2005 11:34 The US dollar extended its late Friday slide in European trade on Monday as technical factors held sway and the market eyed Tuesday's US trade data. Data released late on Friday from the US Commodity Futures Trading Commission indicated that as of April 5, net short positions in the dollar had fallen to their lowest level since February 8, when the dollar's early-year rally hit a brick wall. Indeed, speculators had actually built up sizeable long dollar positions against both the...