Speculators boosted their net short positioning to the highest level since August 2011 in the week ended July 28, according to data released by the US Commodity Futures Trading Commission data released on Friday. Bearish bets on the greenback rose for the fourth straight week to reach a tally of $24.27 billion – the highest since April 2018 – from previous week’s $18.81 billion, as per Reuters calculation. Markets have been bearish on the greenback since March. Having topped out 102.99 in Mach, the dollar index, which tracks the value of the greenback against major currencies, fell to a 26-month low of 92.55 last week. The greenback has taken a beating with the Fed pumping unprecedented amounts of liquidity into the system to normalize stress in the dollar funding markets. 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 Fitch Ratings revises US outlook to negative from stable FX Street 3 years Speculators boosted their net short positioning to the highest level since August 2011 in the week ended July 28, according to data released by the US Commodity Futures Trading Commission data released on Friday. Bearish bets on the greenback rose for the fourth straight week to reach a tally of $24.27 billion – the highest since April 2018 – from previous week’s $18.81 billion, as per Reuters calculation. Markets have been bearish on the greenback since March. Having topped out 102.99 in Mach, the dollar index, which tracks the value of the greenback against major currencies, fell to a 26-month low… 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.
