US dollar index net speculative longs rise

Large currency market speculators in the US dollar futures increased their net long position near a six month high, 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 18913 contracts in the data reported through August 27, 2024, showing an addition of 1322 net long contracts compared to the previous week.

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