Dollar strengthening slows on tepid inflation


US dollar net short bets declined to $9.80 billion from $10.84 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 15 released on Friday May 18. The dollar strengthening slowed as the consumer price index rose 0.2% on month in April when 0.3% increase was expected.


CFTC Sentiment vs Exchange Rate

May 15 2018BiasEx RateTrendPosition $ mlnWeekly Change
CADbearishneutral-18394
AUDbearishpositive-1726-477
EURbullishnegative17017-848
GBPbullishnegative474-286
CHFbearishpositive-4546-476
JPYbullishnegative4171043
  Total9798