CFTC US dollar positioning switches to net long
Read full post at forexlive.com
Net dollar value is long for the first time since the pandemic began
The chart isn’t yet updated but the net dollar value of USD longs is now +$399.69m. That’s the first net-long USD position on aggregate since the pandemic began.
Primarily USD/JPY longs with some AUD/USD longs account for the overall net positioning.