Dollar bullish bets slip on softer US data


US dollar bullish bets fell last week to $26.16 billion from $27.64 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 23 and released on Friday October 26. The dollar bullish bets declined as Federal Reserve meeting minutes confirmed policy makers supported gradual rate increases and existing home sales fell in August.


CFTC Sentiment vs Exchange Rate

October 23 2018BiasEx RateTrendPosition $ mlnWeekly Change
CADbearishnegative-553300
AUDbearishpositive-4983121
EURbearishnegative-4344-101
GBPbearishnegative-3812336
CHFbearishnegative-2150-63
JPYbearishneutral-10321883
  Total-26163