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The Kobeissi Letter published on X platform stating that the size of speculative long positions in the US dollar has increased to $16.5 billion, the highest level since February 2025. This type of position is arranged by hedge funds and asset management institutions based on price trends and macro perspectives, not for hedging needs. In the past two weeks, the bullish position in the US dollar has tripled and has been in a net long position for 11 consecutive weeks, the longest cycle since 2024-2025. Since late January, the US dollar index has risen by 3%, showing stronger resilience against the backdrop of the US economy's conflict with Iran and global commodity supply disruptions, as investors continue to have strong demand for the US dollar.