{"id":129415,"date":"2018-07-02T09:32:35","date_gmt":"2018-07-02T13:32:35","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=129415"},"modified":"2018-07-02T09:18:39","modified_gmt":"2018-07-02T13:18:39","slug":"dollar-slips-on-slower-business-expansion","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/07\/dollar-slips-on-slower-business-expansion\/","title":{"rendered":"Dollar slips on slower business expansion"},"content":{"rendered":"<div id=\"inves-1391305867\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 2, 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 bearish bets\u00a0<\/em>increased markedly to $11.03 billion from $8.64 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 June 26 released on Friday June 29. The dollar turned weaker as US business activities expansion slowed in June as evidenced by decline in Markit\u2019s Composite PMI.<\/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>June 26 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>positive<\/td>\n<td align=\"right\">-2467<\/td>\n<td align=\"right\">-1411<\/td>\n<\/tr>\n<tr>\n<td><b>AUD<\/b><\/td>\n<td>bearish<\/td>\n<td>negative<\/td>\n<td align=\"right\">-3027<\/td>\n<td align=\"right\">151<\/td>\n<\/tr>\n<tr>\n<td><b>EUR<\/b><\/td>\n<td>bullish<\/td>\n<td>negative<\/td>\n<td align=\"right\">4935<\/td>\n<td align=\"right\">-295<\/td>\n<\/tr>\n<tr>\n<td><b>GBP<\/b><\/td>\n<td>bearish<\/td>\n<td>negative<\/td>\n<td align=\"right\">-1783<\/td>\n<td align=\"right\">-202<\/td>\n<\/tr>\n<tr>\n<td><b>CHF<\/b><\/td>\n<td>bearish<\/td>\n<td>negative<\/td>\n<td align=\"right\">-4799<\/td>\n<td align=\"right\">-780<\/td>\n<\/tr>\n<tr>\n<td><b>JPY<\/b><\/td>\n<td>bearish<\/td>\n<td>negative<\/td>\n<td align=\"right\">-3891<\/td>\n<td align=\"right\">150<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td>Total<\/td>\n<td align=\"right\">-11032<\/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_02July2018.jpg\" alt=\"commitment of traders net long short\" \/><\/center><center><img decoding=\"async\" src=\"https:\/\/ifccd.net\/uploads\/image\/CFTC_O_WeeklyChange_02July2018.jpg\" alt=\"commitment of traders weekly change\" \/><\/center><center><img decoding=\"async\" src=\"https:\/\/ifccd.net\/uploads\/image\/CFTC_O_LongShortRatio_02July2018.jpg\" alt=\"market sentiment ratio long short positions\" \/><\/center><br \/>\nMarket 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 bearish bets\u00a0increased markedly to $11.03 billion from $8.64 billion against the\u00a0major currencies\u00a0during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to June 26 released on Friday June 29. The dollar turned weaker as US business activities expansion slowed in June as evidenced [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-129415","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/129415","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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=129415"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/129415\/revisions"}],"predecessor-version":[{"id":129419,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/129415\/revisions\/129419"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=129415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=129415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=129415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}