By IFCMarkets
US dollar bearish bets fell to $7.95 billion from $9.80 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to May 22 released on Friday May 25. The dollar strengthening continued as industrial production rose at steady rate of 0.7% in April while Treasury yields continued rising .
CFTC Sentiment vs Exchange Rate
| May 22 2018 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
| CAD | bearish | negative | -2045 | -206 |
| AUD | bearish | negative | -1598 | 127 |
| EUR | bullish | negative | 16154 | -862 |
| GBP | bullish | negative | 479 | 4 |
| CHF | bearish | negative | -4700 | -154 |
| JPY | bearish | positive | -343 | -760 |
| Total | 7947 |
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