Dollar strengthened on strong Q4 GDP data
US dollar bullish bets rose to $27.83 billion from $26.78 billion against the major currencies in one week ending March 5, according to the report of the Commodity Futures Trading Commission (CFTC). The dollar sentiment improved supported by positive data as the Bureau of Economic Analysis reported the US economy grew at faster than forecast 2.6% over quarter rate in the last three months of 2018.
CFTC Sentiment vs Exchange Rate
|March 05 2019||Bias||Ex RateTrend||Position $ mln||Weekly Change|
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