Dollar sentiment deteriorated ahead of New Year

February 8, 2019

By IFCMarkets

US dollar net long bets fell to $30.14 billion from $32.49 billion against the major currencies in one week ending December 31, according to the report of the Commodity Futures Trading Commission (CFTC) released on Tuesday February 5, 2019. The dollar sentiment deteriorated as data showed Case-Shiller 20-city price index gain declined to 5% over-year in October from a revised 5.2% in September.

 

CFTC Sentiment vs Exchange Rate

December 31 2018 Bias Ex RateTrend Position $ mln Weekly Change
CAD bearish positive -3714 -428
AUD bearish positive -1852 350
EUR bearish positive -6682 1655
GBP bearish positive -4534 -45
CHF bearish positive -3248 -297
JPY bearish negative -10105 1119
Total -30135

 

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