Business & Finance
Traders Are Most Positive on US Dollar Since February 2025
Key Points
Traders Are Most Positive on US Dollar Since February 2025 Traders turned the most optimistic on the US dollar in more than a year as the war in the Middle East supports the currency’s status as a haven. Hedge funds, asset managers and other speculators accumulated $27.8 billion worth of bets that the dollar will strengthen as of June 9, according to Commodity Futures Trading Commission data released on Friday and compiled by Bloomberg. It’s the most since February 2025.
Traders Are Most Positive on US Dollar Since February 2025
Traders turned the most optimistic on the US dollar in more than a year as the war in the Middle East supports the currency’s status as a haven.
Hedge funds, asset managers and other speculators accumulated $27.8 billion worth of bets that the dollar will strengthen as of June 9, according to Commodity Futures Trading Commission data released on Friday and compiled by Bloomberg. It’s the most since February 2025.