Dollar sentiment improved significantly after December 19 rate hike
US dollar bullish bets jumped to $32.49 billion from $29.73 billion against the major currencies in one week ending December 24, according to the report of the Commodity Futures Trading Commission (CFTC) released on Friday February 1, 2019. The dollar sentiment improved after the Federal Reserve hiked rates a quarter point at its last policy meeting of 2018 on December 19 while indicating fewer increases in 2019.
CFTC Sentiment vs Exchange Rate
|December 24 2018||Bias||Ex RateTrend||Position $ mln||Weekly Change|
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