Dollar bullish bets rebound after strong inflation report
US dollar bullish bets climbed last week to $28.48 billion from $26.18 billion against the major currencies, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to November 20 and released on Monday November 26. The dollar bullish bets rose after strong October inflation report gave no reason to expect a slowing of pace in Federal Reserve’s interest rate hikes.
CFTC Sentiment vs Exchange Rate
|November 20 2018||Bias||Ex RateTrend||Position $ mln||Weekly Change|
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