By IFCMarkets
US dollar bullish bets jumped to $32.49 billion from $29.73 billion against the major currencies in one week ending December 24, according to the report of the Commodity Futures Trading Commission (CFTC) released on Friday February 1, 2019. The dollar sentiment improved after the Federal Reserve hiked rates a quarter point at its last policy meeting of 2018 on December 19 while indicating fewer increases in 2019.
December 24 2018 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
CAD | bearish | negative | -3286 | -2732 |
AUD | bearish | positive | -2202 | 268 |
EUR | bearish | positive | -8336 | -788 |
GBP | bearish | positive | -4489 | 310 |
CHF | bearish | neutral | -2951 | -62 |
JPY | bearish | negative | -11224 | 201 |
Total | -32488 |
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.