Dollar strengthening continues on rising Treasury yields

May 28, 2018

By IFCMarkets

US dollar bearish bets fell to $7.95 billion from $9.80 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to May 22 released on Friday May 25. The dollar strengthening continued as industrial production rose at steady rate of 0.7% in April while Treasury yields continued rising .

 

CFTC Sentiment vs Exchange Rate

May 22 2018 Bias Ex RateTrend Position $ mln Weekly Change
CAD bearish negative -2045 -206
AUD bearish negative -1598 127
EUR bullish negative 16154 -862
GBP bullish negative 479 4
CHF bearish negative -4700 -154
JPY bearish positive -343 -760
Total 7947

 

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