By IFCMarkets
US dollar short bets increased at roughly previous week’s pace to $13.16 billion from $11.03 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to July 3 released on Monday July 9. The dollar slipped as durable goods orders decline slowed in May and the first quarter GDP was revised to 2% from the second estimate of 2.2%.
CFTC Sentiment vs Exchange Rate
| July 03 2018 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
| CAD | bearish | positive | -3763 | -1296 |
| AUD | bearish | positive | -2895 | 132 |
| EUR | bullish | positive | 5354 | 419 |
| GBP | bearish | positive | -2372 | -589 |
| CHF | bearish | negative | -5103 | -304 |
| JPY | bearish | negative | -4379 | -489 |
| Total | -13158 |
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