Dollar sentiment improved ahead of Fed decision


US dollar net long bets increased to $29.73 billion from $28.48 billion against the major currencies in one week ending December 18, according to the report of the Commodity Futures Trading Commission (CFTC) released on Friday December 21. The dollar sentiment improved on strong US data as retail sales and industrial production rose more than expected in November.


CFTC Sentiment vs Exchange Rate

December 18 2018BiasEx RateTrendPosition $ mlnWeekly Change
CADpositivepositive-554318
AUDpositivenegative-2518759
EURpositivepositive-7548414
GBPbearishpositive-4799-1489
CHFbearishnegative-2889-590
JPYpositivepositive-11425-663
  Total-29732