# U.S. dollar net longs fall to lowest in about a year: CFTC, Reuters

> Speculative net long positions in the US dollar fell to $4.50 billion in the week ended June 27, down from $7.82 billion the prior week. That is the lowest level since July 2016. The move was attributed to hints from ECB President Draghi toward tightening and weaker-than-expected US economic data.

- Date: 2017-06-30 · published 2017-06-30T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/70701-u-s-dollar-net-longs-fall-to-lowest-in-about-a-year-cftc-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A sharp unwinding of dollar longs signals weakening dollar momentum, which typically supports dollar-denominated grain and oilseed prices. Feed buyers outside the US may find imported ingredients more affordable.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-02-01 | [Dollar falls to nine-month low as Powell notes progress in disinflation \| Reuters](https://feedsoft.ai/events/37522-dollar-falls-to-nine-month-low-as-powell-notes-progress-in-disinflation-reuters.md) | +1.1% | +1.4% |
| DXY | 2023-01-16 | [Dollar finds its footing near seven-month low, all eyes on yen \| Reuters](https://feedsoft.ai/events/37978-dollar-finds-its-footing-near-seven-month-low-all-eyes-on-yen-reuters.md) | -0.0% | +0.7% |
| DXY | 2024-10-31 | [Dollar falls against yen, US data leaves rate cut hopes intact \| Reuters](https://feedsoft.ai/events/28067-dollar-falls-against-yen-us-data-leaves-rate-cut-hopes-intact-reuters.md) | +0.7% | +1.4% |
| DXY | 2021-03-31 | [U.S. dollar share of global FX reserves in Q4 hits lowest in 25 years -IMF](https://feedsoft.ai/events/48321-u-s-dollar-share-of-global-fx-reserves-in-q4-hits-lowest-in-25-years-imf.md) | -0.9% | -2.0% |
| DXY | 2022-11-01 | [China's yuan bounces from 15-year low as dollar bulls retreat \| Reuters](https://feedsoft.ai/events/38900-china-s-yuan-bounces-from-15-year-low-as-dollar-bulls-retreat-reuters.md) | -1.0% | -3.2% |

## Sources

- reuters.com: https://www.reuters.com/article/world/us-dollar-net-longs-fall-to-lowest-in-about-a-year-cftc-reuters-idUSKBN19L2VV/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.