By IFCMarkets
US dollar bullish bets rose to $14.24 billion from $12.03 billion against the major currencies during the one week period, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to September 3 and released on Friday September 6. The dollar strengthening resumed after US July goods trade deficit shrunk to below expected $72.3 billion from $74.2 billion a month and Federal Reserve’s Chicago area purchasing managers index rose to 50.4 from 44.4.
September 03 2019 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
CAD | bullish | positive | 401 | -420 |
AUD | bearish | positive | -4008 | 112 |
EUR | bearish | positive | -6738 | -1357 |
GBP | bearish | positive | -6417 | 420 |
CHF | bearish | negative | -739 | -255 |
JPY | bearish | negative | 3267 | -705 |
Total | -14235 |
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