By IFCMarkets
US dollar bullish bets slipped in the past two weeks to $28.48 billion from $29.53 billion against the major currencies , according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to December 11 and released on Friday December 14. The dollar weakened as softer than expected November jobs report supported the view Federal Reserve may slow its tightening pace as it takes into account declining inflationary pressures.
CFTC Sentiment vs Exchange Rate
| December 11 2018 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
| CAD | positive | positive | -872 | 104 |
| AUD | positive | negative | -3277 | 446 |
| EUR | positive | positive | -7962 | 650 |
| GBP | bearish | positive | -3310 | -152 |
| CHF | bearish | negative | -2299 | 182 |
| JPY | positive | positive | -10762 | 1409 |
| Total | -28482 |
Market Analysis provided by IFCMarkets
Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.
