Investors are holding on to the Dollar into the Fed

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Investors are holding on to the Dollar into the Fed
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The Dollar has remained close to the March highs. Economists at ING analyze Greenback’s outlook. Positioning consolidates in favour of Dollar CFTC dat

CFTC data show that the net Dollar positioning has increased for eight consecutive weeks and has now moved into net-long territory. Speculators remain net-long EUR/USD at +15% of open interest as of last week, which was however the lowest level since October 2022.

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