Dollar bullish bets rebound after strong inflation report

November 27, 2018

By IFCMarkets

US dollar bullish bets climbed last week to $28.48 billion from $26.18 billion against the major currencies, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to November 20 and released on Monday November 26. The dollar bullish bets rose after strong October inflation report gave no reason to expect a slowing of pace in Federal Reserve’s interest rate hikes.

 

CFTC Sentiment vs Exchange Rate

November 20 2018BiasEx RateTrendPosition $ mlnWeekly Change
CADbearishpositive-473-262
AUDbearishnegative-426253
EURbearishnegative-6709-1482
GBPbearishnegative-3474363
CHFbearishnegative-2466-155
JPYbearishnegative-11098139
Total-28481

 

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

Market Analysis provided by IFCMarkets

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