These are the main highlights of the CFTC Positioning Report for the week ended on July 21st: Speculators kept adding gross shorts to their dollar positions, taking the net shorts to levels last seen in late November 2017 around 5.8K contracts. The greenback eased further ground during last week against the usual backdrop of the broad-based preference for riskier assets, always in response to rising hopes of a strong economic recovery. Against this, the US Dollar Index (DXY) droppede to fresh multi-month lows, but the sentiment and the trend leave the door open for a deeper pullback in the short-term horizon. EUR net longs climbed to more than 2-year highs sustained by the generalized risk-on sentiment and positive results from fundamentals in the euro bloc, while the agreement on the European Recovery Fund added to the upbeat mood in the currency. Speaking about safe havens, both the Japanese yen and the Swiss franc saw their net longs increased to 3-week highs and to the highest level since early June, respectively. The move appears to show the shift among traders to these currencies in detriment of the dollar. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next WTI finds support near $41, edges higher toward $42 FX Street 3 years These are the main highlights of the CFTC Positioning Report for the week ended on July 21st: Speculators kept adding gross shorts to their dollar positions, taking the net shorts to levels last seen in late November 2017 around 5.8K contracts. The greenback eased further ground during last week against the usual backdrop of the broad-based preference for riskier assets, always in response to rising hopes of a strong economic recovery. Against this, the US Dollar Index (DXY) droppede to fresh multi-month lows, but the sentiment and the trend leave the door open for a deeper pullback in the short-term… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
