By IFCMarkets
US dollar short bets fell last week to $21.34 billion from $22.02 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to August 14 released on Friday August 17. The dollar strengthening accelerated as the demand for dollar increased against the backdrop of Turkish lira crisis following doubling of US tariffs on steel and aluminum.
CFTC Sentiment vs Exchange Rate
| August 14 2018 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
| CAD | bearish | negative | -201 | -9 |
| AUD | bearish | positive | -3748 | 298 |
| EUR | bearish | positive | -254 | -1785 |
| GBP | bearish | positive | -4828 | -70 |
| CHF | bearish | negative | -5768 | 21 |
| JPY | bearish | positive | -6561 | 489 |
| Total | -21359 |
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