Chart Tracker

Dollar Dominance: Bullish Bets Hit 2022 Highs

By Bill Bullington

4/3, 20:53 EDT
  • The Bloomberg Dollar Spot Index has shown a notable increase since the beginning of 2023, indicating a strengthening of the US dollar against a basket of major currencies.
  • Non-commercial bullish positions on the US dollar have surged, reaching levels not seen since 2022, suggesting that investors are increasingly confident in the dollar's continued strength.