{"id":147123,"date":"2019-05-06T13:25:41","date_gmt":"2019-05-06T17:25:41","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=147123"},"modified":"2019-05-06T11:17:29","modified_gmt":"2019-05-06T15:17:29","slug":"dollar-sentiment-changes-little-after-strong-gdp-report","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/05\/dollar-sentiment-changes-little-after-strong-gdp-report\/","title":{"rendered":"Dollar sentiment changes little after strong GDP report"},"content":{"rendered":"<div id=\"inves-359137652\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">May 6, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <\/strong><a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>IFCMarkets<\/strong><\/a><\/p>\n<p><em> US dollar bullish bets <\/em> continued to rise reaching $38.87 billion from $37.20 billion against the <a href=\"https:\/\/www.ifcmarkets.com\/en\/about-forex\/major-currency-pairs\">major currencies<\/a> during the one week period, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to April 30 and released on Friday May 3. The dollar sentiment was steady as data showed a report the US economy grew at an above expected annual rate of 3.2% in the first quarter, while the Fed\u2019s preferred inflation gauge \u2013 core personal consumption expenditure index, declined to annual rate of 1.6% in March.<\/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>April 30 2019<\/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\">-3490<\/td>\n<td align=\"right\">46<\/td>\n<\/tr>\n<tr>\n<td><b>AUD<\/b><\/td>\n<td>bearish<\/td>\n<td>negative<\/td>\n<td align=\"right\">-4158<\/td>\n<td align=\"right\">-578<\/td>\n<\/tr>\n<tr>\n<td><b>EUR<\/b><\/td>\n<td>bearish<\/td>\n<td>negative<\/td>\n<td align=\"right\">-14795<\/td>\n<td align=\"right\">-8<\/td>\n<\/tr>\n<tr>\n<td><b>GBP<\/b><\/td>\n<td>bearish<\/td>\n<td>positive<\/td>\n<td align=\"right\">-380<\/td>\n<td align=\"right\">-232<\/td>\n<\/tr>\n<tr>\n<td><b>CHF<\/b><\/td>\n<td>bearish<\/td>\n<td>positive<\/td>\n<td align=\"right\">-4876<\/td>\n<td align=\"right\">-277<\/td>\n<\/tr>\n<tr>\n<td><b>JPY<\/b><\/td>\n<td>bearish<\/td>\n<td>positive<\/td>\n<td align=\"right\">-11172<\/td>\n<td align=\"right\">-622<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td>Total<\/td>\n<td align=\"right\">-38872<\/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_06May2019.jpg\" alt=\"commitment of traders net long short\" \/><\/center><center><img decoding=\"async\" src=\"https:\/\/ifccd.net\/uploads\/image\/CFTC_O_WeeklyuCHange_06May2019.jpg\" alt=\"commitment of traders weekly change\" \/><\/center><center><img decoding=\"async\" src=\"https:\/\/ifccd.net\/uploads\/image\/CFTC_O_LongShortRatio_06May2019.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 noreferrer\">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 bullish bets continued to rise reaching $38.87 billion from $37.20 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 April 30 and released on Friday May 3. The dollar sentiment was steady as data showed [&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-147123","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/147123","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=147123"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/147123\/revisions"}],"predecessor-version":[{"id":147132,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/147123\/revisions\/147132"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=147123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=147123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=147123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}