CFTC Report Shows Dollar Rally Could Be In Jeopardy
The strong dollar continued to lose steam in the week between Feb 10 and Feb. 17, according to data from the Commodity Futures Trading Commission, as speculators cut their net dollar-long positions by $3 billion to $44 billion. Net-short positions held against the euro, yen, pound and franc narrowed, suggesting that investors aren't as confident that those currencies will continue to depreciate.
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