Dollar strengthened after positive US data

US dollar bullish bets rose to $14.24 billion from $12.03 billion against the major currencies during the one week period, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to September 3 and released on Friday September 6. The dollar strengthening resumed after US July goods trade deficit shrunk to below expected $72.3 billion from $74.2 billion a month and Federal Reserve’s Chicago area purchasing managers index rose to 50.4 from 44.4.