U.S. dollar bulls are alive and well despite a lot of negative talk about the currency, according to data compiled by TD Securities in an effort to bridge the gap left by a lack of positioning data from the Commodity Futures Trading Commission as a result of the 35-day government shutdown that ended last month.
If correct, that’s a contrarian signal that should cheer dollar bears.
The lack of up-to-date commitments-of-traders data, which breaks down long and short positions by various classes of market players, including speculators and commercial firms, has left traders flying partially blind.
