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NEW YORK (Reuters) - Speculators’ net bearish bets on the U.S. dollar fell to a 7-week low in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.
The value of the net short dollar position was $29.95 billion for the week ended Feb. 2, compared with a net short position of $33.81 billion for the prior week.
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 ruble, the U.S. dollar posted a net short of $30.57 billion, down from $34.69 billion a week earlier.
Key Points - Mandatory ESG requirements could be an early priority for SEC chair nominee Gary Gensler, with increasing calls from within the SEC to require material ESG.
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If your financial institution (FI) does business in Europe, chances are your compliance team is tasked with the recording, reviewing and retention of oral communications. That’s because the EU’s Markets in Financial Instruments Directive (MiFID II) and U.S. Commodity Futures Trading Commission’s (CFTC) Dodd-Frank Rules, among other global regulations, require FIs to record and archive all voice communications related to certain products and services.
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