US dollar net longs at highest in more than two years-CFTC, Reuters
August 22, 2014 at 15:56 PM EDT
Aug 22 (Reuters) - Speculators boosted bullish bets on the U.S. dollar in the latest week to their highest in more than two years, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position soared to $30.40 billion in the week ended Aug. 19, from $27 billion the previous week. That was the highest net long in the U.S. dollar since June 2012. To be long a currency is taking a view it will rise, while being short is a bet