Dollar bullish bets decline after Fed meeting

November 19, 2018

By IFCMarkets

US dollar net long bets fell last week to $26.18 billion from $28.65 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to November 13 and released on Friday November 16. The dollar bullish bets fell as the Federal Reserve signaled no change in interest rate hike plans.

CFTC Sentiment vs Exchange Rate

November 13 2018 Bias Ex RateTrend Position $ mln Weekly Change
CAD bearish positive -211 -10
AUD bearish positive -4805 193
EUR bearish positive -5227 1458
GBP bearish negative -3837 811
CHF bearish positive -2310 177
JPY bearish positive -9790 307
Total -26179

 

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