Investing.com - The Investing.com weekly sentiment index published on Monday revealed that speculators remained bullish on the U.S. dollar in the week ending November 20.
According to the report, 27.5% of investors held long positions in EUR/USD as of last week, down from 33.1% in the preceding week.
Meanwhile, 36.2% of investors were long in GBP/USD, compared to 36.8% a week earlier, 60.8% of market participants held long positions in USD/JPY, down slightly from 61.5% in the preceding week, while 45.3% of investors were long USD/CHF, up modestly from 44.4% in the previous week.
Amongst the commodity-linked currencies, 49.7% were long USD/CAD, rising from 41.9% a week earlier, 21.6% held long positions in AUD/USD, compared to 31.5% in the preceding week, while 38.6% were long NZD/USD, declining from 42.6% a week earlier.
Elsewhere, 30.9% of investors were long the S&P 500, falling from 36.7% a week earlier.
In the commodities market, 52.5% of market participants held long positions in gold futures last week, down from 53.9% in the preceding week.
A reading between 50%-70% is bullish for the instrument, a reading between 30% and 50% is bearish, a reading above 70% indicates overbought conditions and a reading below 30% indicates oversold conditions.
The Investing.com series of indexes is developed in-house. Each index measures overall exposure to major currency pairs, commodities and indexes, using data from futures exchanges and OTC providers on all long and short open positions.