Speculators increased their bullish bets on the US dollar in the latest week, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position rose to $14.12 billion in the week ended July 22, from $9.94 billion the previous week. To be long a currency is a view it will rise, while being short is a bet its value will decline.
The Reuters calculation for the aggregate US dollar position is derived from net positions of International Monetary Market speculators in the yen, euro, British pound, Swiss franc and Canadian and Australian dollars.