Dollar bullish bets plunged on weak reports

4/11/2019

US dollar net long bets decline accelerated to $6.63 billion from $15.31 billion against the major currencies during the one week period, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to October 29 and released on Friday November 1. The sharp decline in dollar bullish bets occurred as weak economic reports painted mixed picture of economy: US budget deficit rose 26% over the fiscal year 2018 and new home construction and durable goods orders fell in September; House Price Index growth slowed to 0.2% on month in August when steady growth at 0.4% was expected, while initial jobless claims fell in the prior week.


CFTC Sentiment vs Exchange Rate

October 29 2019BiasEx RateTrendPosition $ mlnWeekly Change
CADbullishpositive3310760
AUDbearishpositive-2763251
EURbearishpositive-7416358
GBPbearishpositive-26061612
CHFbearishpositive-1570-138
JPYbearishnegative-2262-169
  Total-6631 

commitment of traders net long short

commitment of traders weekly change

market sentiment ratio long short positions

New Exclusive Analytical Tool

Any date range - from 1 day to 1 year

Any Trading Group - Forex, Stocks, Indices, etc.

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.


Start trading with IFC Markets

We are ready to support you with any kind of questions, 24 hours a day.