US dollar net short bets inched lower to $8.16 billion from $8.18 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to February 20 released on Friday February 23. The dollar sentiment changed little despite an uptick in core inflation rate over month in January with a decline in retail sales seen as a sign the economy is far from overheating.
CFTC Sentiment vs Exchange Rate
February 20 2018 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
CAD | bullish | negative | 1830 | -754 |
AUD | bullish | negative | 935 | 222 |
EUR | bullish | negative | 19442 | -205 |
GBP | bullish | negative | 682 | -614 |
CHF | bearish | positive | -2108 | 554 |
JPY | bearish | positive | -12621 | 773 |
Total | 8161 |