COT: Pre-G20 buying of dollars and bonds
Head of Commodity Strategy
Summary: US dollars were in high demand ahead of the G20 summit, with the combined dollar long rising to an almost two-year high in the week to November 27.
To download your copy of the Commitment of Traders: Forex report for the week ending November 27, click here.
To download your copy of the Commitment of Traders: Financials report for the week ending November 27, click here.
Ahead of the G20 meeting and dovish rate comments from Fed chairman Powell, speculators had further increased bullish dollar bets against nine IMM currency futures. In the week to November 27 they the combined dollar long rose by $1.2 billion to 30.2 billion, a near two-year high.
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