Dollar strengthening continues on rising Treasury yields


US dollar bearish bets fell to $7.95 billion from $9.80 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to May 22 released on Friday May 25. The dollar strengthening continued as industrial production rose at steady rate of 0.7% in April while Treasury yields continued rising .


CFTC Sentiment vs Exchange Rate

May 22 2018BiasEx RateTrendPosition $ mlnWeekly Change
CADbearishnegative-2045-206
AUDbearishnegative-1598127
EURbullishnegative16154-862
GBPbullishnegative4794
CHFbearishnegative-4700-154
JPYbearishpositive-343-760
  Total7947