Dollar index slips as budget and trade deficits rise

September 18, 2018

By IFCMarkets

US dollar net bullish bets declined last week to $19.15 billion from $20.61 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to September 11 and released on Friday September 14. The dollar weakened despite strong August jobs report as both the trade and budget deficits widened in August.

 

CFTC Sentiment vs Exchange Rate

September 11 2018BiasEx RateTrendPosition $ mlnWeekly Change
CADbullishnegative-2063-67
AUDbullishnegative-315213
EURbullishnegative1619467
GBPbullishpositive-4977613
CHFbullishneutral-4545640
JPYbearishpositive-6036-210
Total-19154

 

commitment of traders net long short
commitment of traders weekly change
market sentiment ratio long short positions

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