Dollar bullish bets slip on softer US data

October 29, 2018

By IFCMarkets

US dollar bullish bets fell last week to $26.16 billion from $27.64 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to October 23 and released on Friday October 26. The dollar bullish bets declined as Federal Reserve meeting minutes confirmed policy makers supported gradual rate increases and existing home sales fell in August.

 

CFTC Sentiment vs Exchange Rate

October 23 2018 Bias Ex RateTrend Position $ mln Weekly Change
CAD bearish negative -553 300
AUD bearish positive -4983 121
EUR bearish negative -4344 -101
GBP bearish negative -3812 336
CHF bearish negative -2150 -63
JPY bearish neutral -10321 883
Total -26163

 

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