Net U.S. dollar long positions fell 3% to $39B, according to CFTC data for the week ended June...

|By:, SA News Editor

Net U.S. dollar long positions fell 3% to $39B, according to CFTC data for the week ended June 12. Everyone's favorite short, the euro saw bearish positioning cut by 9% to $30.5B. The euro is up about 350 pips this month vs. the greenback in the face of overwhelming short interest.