Dollar weakened On FED plans to buy Treasury bills

October 22, 2019

By IFCMarkets

US dollar net long bets rose to $20.77 billion from $18.78 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 October 15 and released on Friday October 18. The ICE US Dollar index USDX however fell as the Federal Reserve revealed plans to purchase $60 billion of short-term Treasury debt each month.

CFTC Sentiment vs Exchange Rate

October 15 2019BiasEx RateTrendPosition $ mlnWeekly Change
CADbullishpositive982583
AUDbearishpositive-3215-57
EURbearishpositive-10364-37
GBPbearishpositive-5817-225
CHFbearishpositive-1598-207
JPYbullishpositive-763-2048
Total-20774

 

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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