An increasing number of traders thinks the US dollar will strengthen (USD, DXY)

Phil Cole/Getty Images Currency traders continued to flock to the US dollar last week. According to ANZ, citing the latest Commitment of Traders (COT) report released by the US Commodity Futures Trading Commission (CFTC), net US dollar long positioning against a basket of major currencies continued to swell last week, leaving it at the highest level seen since late August. And that trend likely continued in the latter parts of last week, suggests ANZ. “Leveraged funds bought USD for the second...