US DOLLAR INDEX SPECULATIVE LONGS EDGE HIGHER

Published on Feb 19, 2024 11:20

Net long positions by large currency market speculators in the US dollar futures continued to edge up, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net position of 2002 contracts in the data reported through February 13, 2024. This was a weekly rise of 463 net contracts but still lingering at its lowest level in around two and half years.