Dollar strengthening slows on tepid inflation

May 21, 2018

By IFCMarkets

US dollar net short bets declined to $9.80 billion from $10.84 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 15 released on Friday May 18. The dollar strengthening slowed as the consumer price index rose 0.2% on month in April when 0.3% increase was expected.

 

CFTC Sentiment vs Exchange Rate

May 15 2018 Bias Ex RateTrend Position $ mln Weekly Change
CAD bearish neutral -1839 4
AUD bearish positive -1726 -477
EUR bullish negative 17017 -848
GBP bullish negative 474 -286
CHF bearish positive -4546 -476
JPY bullish negative 417 1043
Total 9798

 

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