We Are All Dollar Bulls Now

Just in case you needed any more proof that the sentiment in the currency market is 180-degrees opposite to last year, here is the chart of net speculative trading positions at the CME. (via MineWeb)

There hasn’t been this much bullishness towards the dollar in years.

Apologies for the blurriness.

chart

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.