Dollar strengthened on retail sales rebound
US dollar net long bets rose significantly to $37.20 billion from $34.56 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 April 23 and released on Friday April 26. The dollar strengthened as data showed retail sales rose 1.6% over month in March following a 0.2% decline in February, while US trade deficit fell 3.4% in February to the lowest level in eight months.
CFTC Sentiment vs Exchange Rate
|April 23 2019||Bias||Ex RateTrend||Position $ mln||Weekly Change|
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