{"id":127356,"date":"2018-05-07T08:38:04","date_gmt":"2018-05-07T12:38:04","guid":{"rendered":"http:\/\/countingpips.com\/?p=126329"},"modified":"2018-05-07T08:38:04","modified_gmt":"2018-05-07T12:38:04","slug":"dollar-strengthens-as-us-economy-slows-less-than-expected","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/05\/dollar-strengthens-as-us-economy-slows-less-than-expected\/","title":{"rendered":"Dollar strengthens as US economy slows less than expected"},"content":{"rendered":"<div id=\"inves-1950423454\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">May 7, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>By <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener\">IFCMarkets<\/a><\/p>\n<p><em>US dollar net short bets\u00a0<\/em>fell further to $15.14 billion from $19.77 billion against the\u00a0<a href=\"https:\/\/www.ifcmarkets.com\/en\/about-forex\/major-currency-pairs\">major currencies<\/a>\u00a0during the previous week , according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to May 1 released on Friday May 4. The dollar strengthening continued as US GDP slowed in the first quarter less than expected: Q1 GDP grew 2.3% after 2.9% expansion in the last three months of 2017.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"div_anotation\">\n<h2>CFTC Sentiment vs Exchange Rate<\/h2>\n<table>\n<tbody>\n<tr>\n<td><b>May 01 2018<\/b><\/td>\n<td><b>Bias<\/b><\/td>\n<td><b>Ex RateTrend<\/b><\/td>\n<td><b>Position $ mln<\/b><\/td>\n<td><b>Weekly Change<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>CAD<\/b><\/td>\n<td>bearish<\/td>\n<td>negative<\/td>\n<td align=\"right\">-2144<\/td>\n<td align=\"right\">-183<\/td>\n<\/tr>\n<tr>\n<td><b>AUD<\/b><\/td>\n<td>bearish<\/td>\n<td>positive<\/td>\n<td align=\"right\">-425<\/td>\n<td align=\"right\">-166<\/td>\n<\/tr>\n<tr>\n<td><b>EUR<\/b><\/td>\n<td>bullish<\/td>\n<td>negative<\/td>\n<td align=\"right\">18070<\/td>\n<td align=\"right\">-1898<\/td>\n<\/tr>\n<tr>\n<td><b>GBP<\/b><\/td>\n<td>bullish<\/td>\n<td>negative<\/td>\n<td align=\"right\">2243<\/td>\n<td align=\"right\">-1021<\/td>\n<\/tr>\n<tr>\n<td><b>CHF<\/b><\/td>\n<td>bearish<\/td>\n<td>negative<\/td>\n<td align=\"right\">-2441<\/td>\n<td align=\"right\">-1135<\/td>\n<\/tr>\n<tr>\n<td><b>JPY<\/b><\/td>\n<td>bearish<\/td>\n<td>positive<\/td>\n<td align=\"right\">-160<\/td>\n<td align=\"right\">-227<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td>Total<\/td>\n<td align=\"right\">15144<\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>&nbsp;<\/p>\n<p><center><img decoding=\"async\" src=\"https:\/\/ifccd.net\/uploads\/image\/CFTC_O_NetLongShort_07May2018.jpg\" alt=\"commitment of traders net long short\" \/><\/center><center><img decoding=\"async\" src=\"https:\/\/ifccd.net\/uploads\/image\/CFTC_O_WeeklyChange_07May2018.jpg\" alt=\"commitment of traders weekly change\" \/><\/center><center><img decoding=\"async\" src=\"https:\/\/ifccd.net\/uploads\/image\/CFTC_O_LongShortRatio_07May2018.jpg\" alt=\"market sentiment ratio long short positions\" \/><\/center><\/p>\n<p>Market Analysis provided by <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener\">IFCMarkets<\/a><\/p>\n<p>Note:<br \/>\nThis overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or \u0430 recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By IFCMarkets US dollar net short bets\u00a0fell further to $15.14 billion from $19.77 billion against the\u00a0major currencies\u00a0during the previous week , according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to May 1 released on Friday May 4. The dollar strengthening continued as US GDP slowed in the first quarter [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-127356","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/127356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=127356"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/127356\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=127356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=127356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=127356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}