Dollar strengthens after Fed meeting

August 13, 2018

By IFCMarkets

US dollar short bets rose last week to $22.02 billion from $20.06 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to August 7 released on Friday August 10. The dollar started strengthening as the Federal Reserve left interest rates unchanged but signaled a rate increase in September and solid July jobs report signaled economic health persists.

 

CFTC Sentiment vs Exchange Rate

August 07 2018 Bias Ex RateTrend Position $ mln Weekly Change
CAD bearish negative -1907 520
AUD bearish negative -4046 -225
EUR bullish negative 1531 -1803
GBP bearish negative -4758 -874
CHF bearish positive -5789 -179
JPY bearish positive -7051 602
Total -22019

 


Market Analysis provided by IFCMarkets

Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.