By IFCMarkets
US dollar net long bets edged up to $34.76 billion from $33.58 billion against the major currencies during the one week period, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to May 21 and released on Friday May 24. The dollar strengthened considerably after a report University of Michigan report consumer sentiment rose to a 15-year high in May while Philadelphia Fed’s manufacturing index report was better than expected.
| May 21 2019 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
| CAD | bearish | negative | -3151 | 384 |
| AUD | bearish | positive | -4550 | -105 |
| EUR | bearish | positive | -14106 | -756 |
| GBP | bearish | negative | -2077 | -1809 |
| CHF | bearish | positive | -4636 | 324 |
| JPY | bearish | positive | -6243 | 778 |
| Total | -34763 |
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