Traders' bullish sentiment towards the US dollar has risen to its highest level in a year

According to Jinshi reports, as the Middle East war solidifies the dollar's status as a safe-haven currency, traders' bullish sentiment towards the dollar has risen to its highest level in over a year. According to data released by the Commodity Futures Trading Commission (CFTC), as of June 9, hedge funds, asset management companies, and other speculators held a total of $27.8 billion in bullish bets on the dollar, the highest level since February 2025. This change in positions indicates that market bullish sentiment towards this major global reserve currency continues to accumulate.