Dollar bullish bets slip on lower than expected inflation
US dollar net long bets slipped last week to $27.64 billion from $27.79 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to October 16 and released on Friday October 19. The dollar bullish bets edged lower as the 2.4% consumer inflation was lower than expected for September after 2.7% increase in August and the 0.1% rise in retail sales in September was less than expected.
CFTC Sentiment vs Exchange Rate
|October 16 2018||Bias||Ex RateTrend||Position $ mln||Weekly Change|
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