Speculators trimmed bullish bets to their lowest level in more than a year. Dollar Index rose more than 100 pips in the week ended Aug. 20. Speculators trimmed the net long (bullish) US Dollar bets to the lowest level since July 2018 during the week ended Aug. 20, according to calculations by Reuters and US Commodity Futures Trading Commission data released on Friday. Key points The net long dollar position was $13.327 billion in the week ended Aug. 20, compared with $16.7 billion in the previous week. The latest net long dollar position has been the smallest since early July 2018. The net long dollars have dropped for a third straight week. The Dollar Index, which tracks the value of the greenback against major currencies, rose from 97.32 to 98.45 in the week ended Aug. 20. Even so, the net long positions fell. 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 China’s Vice Premier Liu: China is willing to resolve trade dispute with US via calm negotiations FX Street 4 years Speculators trimmed bullish bets to their lowest level in more than a year. Dollar Index rose more than 100 pips in the week ended Aug. 20. Speculators trimmed the net long (bullish) US Dollar bets to the lowest level since July 2018 during the week ended Aug. 20, according to calculations by Reuters and US Commodity Futures Trading Commission data released on Friday. Key points The net long dollar position was $13.327 billion in the week ended Aug. 20, compared with $16.7 billion in the previous week. The latest net long dollar position has been the smallest since early July… 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.
