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Currency Analyst since 2010

CFTC: USD longs at highest since Feb

According to the latest CFTC report, released on Aug. 1, large traders and speculators increased their US dollar bullish bets on the week ended July 29. The overall USD long position went up from $14.12 on July 22 to $20.24 billion, the highest level since Feb. 4.

Overall changes on the week for the major currencies showed that large speculators bet in favor of the CAD, AUD and NZD while there were weekly decreases for EUR, JPY, GBP and CHF.

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