Net dollar value is long for the first time since the pandemic began
The chart isn’t yet updated but the net dollar value of USD longs is now +$399.69m. That’s the first net-long USD position on aggregate since the pandemic began.
Primarily USD/JPY longs with some AUD/USD longs account for the overall net positioning.
This article was originally published by Forexlive.com. Read the original article here.