Dollar strengthens amid global growth uncertainty
US dollar net long bets rose further last week to $29.53 billion from $28.48 billion against the major currencies , according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to November 27 and released on Friday November 30. The dollar continued strengthening against the backdrop of elevated risks to global growth prospects as US-China trade dispute remained unresolved with no signs of change in Washington’s and Beijings stances.
CFTC Sentiment vs Exchange Rate
|November 27 2018||Bias||Ex RateTrend||Position $ mln||Weekly Change|
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