Middle East tensions boost safe-haven demand, dollar long bets hit over a one-year high, yen short positions rise to the highest level in 17 years.

According to the financial and economic app Zhitong, as the situation in the Middle East continues to be tense and international oil prices fluctuate significantly, global foreign exchange market funds are accelerating flow back to the US dollar. According to data released by the US Commodity Futures Trading Commission (CFTC) and media summary on Friday, as of the week ending on June 9, the net long position of the US dollar held by hedge funds, asset management institutions, and other speculative funds has reached $27.8 billion, the highest level since February 2025, indicating that market optimism about the future trend of the US dollar has reached a more than one-year high.