By IFCMarkets
Net bets in favor of US dollar rose last week to $23.65 billion from $23.17 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 21 released on Friday August 24. The dollar weakened as the demand for dollar subsided on news China agreed to resume trade negotiations with the US.
CFTC Sentiment vs Exchange Rate
| August 21 2018 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
| CAD | bearish | negative | -2073 | -66 |
| AUD | bearish | negative | -3672 | 76 |
| EUR | bearish | positive | -700 | -446 |
| GBP | bearish | negative | -5833 | -1005 |
| CHF | bearish | positive | -5995 | -227 |
| JPY | bearish | negative | -5381 | 1180 |
| Total | -23653 |
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