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Trader, analyst and instructor with a 6-year experience

CFTC: USD longs keep rising

FXBAZOOKA.com  -  According to the latest CFTC report, released on Sep. 5, large traders and speculators raised their USD bullish bets to the highest level since June 2013. The value of net USD longs increased from $32.9 billion as of Aug. 26. to $35.9 billion as of Sept. 2. The aggregate US dollar bullish position has risen for 3 weeks in a row.

 

Large speculators turned much more bearish versus the euro, yen and the pound. Demand for the Aussie and the loonie recovered a little bit. 

 

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