Dollar sentiment unchanged ahead of Fed decision


US dollar bullish bets continued rising to $29.48 billion from $28.88 billion against the major currencies during the one week period, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to March 19 and released on Friday Marc 22. The dollar sentiment improvement continued ahead of the Federal Reserve meeting conclusion as industrial production rose 0.1% over month in February after 0.4% decline in January and export prices rose over the same period a year ago while import prices continued falling.


CFTC Sentiment vs Exchange Rate

March 19 2019BiasEx RateTrendPosition $ mlnWeekly Change
CADbearishnegative-3587-512
AUDbearishneutral-3677-586
EURbearishnegative-11027-342
GBPbearishnegative-11421856
CHFbearishpositive-3403-511
JPYbearishpositive-6649-46
  Total-29484