Despite a muted start to the month, the bull case for the U.S. dollar remains intact as the Federal Reserve is seen blazing ahead in raising interest rates, leaving other central banks behind.
Net long positions in the U.S. dollar DXY, -0.01% slipped a little in the first week of September, as data from the Commodity Futures Trading Commission showed, yet “the bullish case for the U.S. dollar remains intact,” said Piotr Matys, emerging market FX strategist at Rabobank.
