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Tuesday, June 3, 2025

The dollar cannot find a reason to strengthen

The dollar cannot find a reason to strengthen

The dollar cannot find a reason to strengthen

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03.06.2025 07:16 PM

The CFTC report showed that expectations for a reversal in the dollar have not materialized. After three weeks of relative stability, during which the total short position on the USD against major currencies showed signs of the end of the sell-off, the short position grew again by $913 million over the reporting week, reaching -$13.27 billion. Once again, the pound and the euro are leading in demand, while changes in other currencies are minimal. The dollar is

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