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US Dollar Report Headlines

UPDATE 1-Speculators raise net-short dollar bets to $7.81 bln -CFTC, Reuters

Speculators raised their net-short bets on the U.S. dollar to $7.81 billion in the latest week, the 22nd straight week of bearish bets against the U.S. currency, according to data from the Commodity Futures Trading Commision calculated by Reuters. It was the fourth straight week the net-negative positioning on the dollar has increased and was the largest net-negative position since Oct. 24. The bearish bets almost doubled

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Trump defends tax plan as 'great Christmas gifts' to middle class

WASHINGTON U.S. President Donald Trump on Saturday defended a Republican tax-cut plan against Democratic charges that it favors the rich, saying it will be "one of the great Christmas gifts" for the middle class with just days to go before Congress votes. | Video