Dollar index rises as US-Canada trade talks continue


US dollar net bullish bets fell last week to $20.61 billion from $ 23.65 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to September 4 and released on Friday September 7. The dollar strengthened as he ISM’s manufacturing index hit 14-year high and the demand for dollar increased as US and Canada talks ended without a deal by the unofficial deadline of August 31.


CFTC Sentiment vs Exchange Rate

September 04 2018BiasEx RateTrendPosition $ mlnWeekly Change
CADbearishnegative-1997-79
AUDbearishnegative-3165108
EURbullishnegative11522207
GBPbearishpositive-5589598
CHFbearishneutral-5185546
JPYbearishpositive-5826-649
  Total-20609