By IFCMarkets
US dollar net short bets fell further to $15.14 billion from $19.77 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 1 released on Friday May 4. The dollar strengthening continued as US GDP slowed in the first quarter less than expected: Q1 GDP grew 2.3% after 2.9% expansion in the last three months of 2017.
CFTC Sentiment vs Exchange Rate
| May 01 2018 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
| CAD | bearish | negative | -2144 | -183 |
| AUD | bearish | positive | -425 | -166 |
| EUR | bullish | negative | 18070 | -1898 |
| GBP | bullish | negative | 2243 | -1021 |
| CHF | bearish | negative | -2441 | -1135 |
| JPY | bearish | positive | -160 | -227 |
| Total | 15144 |
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