Dollar strengthens after Fed meeting


US dollar short bets rose last week to $22.02 billion from $20.06 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to August 7 released on Friday August 10. The dollar started strengthening as the Federal Reserve left interest rates unchanged but signaled a rate increase in September and solid July jobs report signaled economic health persists.


CFTC Sentiment vs Exchange Rate

August 07 2018BiasEx RateTrendPosition $ mlnWeekly Change
CADbearishnegative-1907520
AUDbearishnegative-4046-225
EURbullishnegative1531-1803
GBPbearishnegative-4758-874
CHFbearishpositive-5789-179
JPYbearishpositive-7051602
  Total-22019