{"id":149334,"date":"2019-06-10T14:12:14","date_gmt":"2019-06-10T18:12:14","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=149334"},"modified":"2019-06-10T12:13:03","modified_gmt":"2019-06-10T16:13:03","slug":"dollar-weakened-on-rate-cut-hopes-and-soft-ism-manufacturing-report","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/06\/dollar-weakened-on-rate-cut-hopes-and-soft-ism-manufacturing-report\/","title":{"rendered":"Dollar weakened on rate cut hopes and soft ISM manufacturing report"},"content":{"rendered":"
June 10, 2019<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/p>\n

US dollar <\/em> net long bets slid further to $33.32 billion from $34.62 against the major currencies<\/a> during the one week period, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to June 4 and released on Friday June 10. The dollar weakening accelerated after the Institute for Supply Management\u2019s manufacturing PMI came in lower than expected for May and Federal Reserve chair Powell commented the central bank would \u2018act as appropriate to sustain the expansion\u2019.<\/p>\n

 <\/p>\n

\n

CFTC Sentiment vs Exchange Rate<\/h2>\n\n\n\n\n\n\n\n\n\n\n
June 04 2019<\/b><\/td>\nBias<\/b><\/td>\nEx RateTrend<\/b><\/td>\nPosition $ mln<\/b><\/td>\nWeekly Change<\/b><\/td>\n<\/tr>\n
CAD<\/b><\/td>\nbearish<\/td>\npositive<\/td>\n-3118<\/td>\n-196<\/td>\n<\/tr>\n
AUD<\/b><\/td>\nbearish<\/td>\nnegative<\/td>\n-4425<\/td>\n172<\/td>\n<\/tr>\n
EUR<\/b><\/td>\nbearish<\/td>\npositive<\/td>\n-12314<\/td>\n1599<\/td>\n<\/tr>\n
GBP<\/b><\/td>\nbearish<\/td>\nnegative<\/td>\n-3791<\/td>\n-1260<\/td>\n<\/tr>\n
CHF<\/b><\/td>\nbearish<\/td>\npositive<\/td>\n-4544<\/td>\n-240<\/td>\n<\/tr>\n
JPY<\/b><\/td>\nbearish<\/td>\nnegative<\/td>\n-5131<\/td>\n1222<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nTotal<\/td>\n-33322<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

 <\/p>\n

\"commitment<\/center>
\"commitment<\/center>
\"market<\/center><\/p>\n

Market Analysis provided by IFCMarkets<\/a><\/p>\n

Note:
\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":"

By IFCMarkets US dollar net long bets slid further to $33.32 billion from $34.62 against the major currencies during the one week period, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to June 4 and released on Friday June 10. The dollar weakening accelerated after the Institute for Supply […]<\/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-149334","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/149334","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=149334"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/149334\/revisions"}],"predecessor-version":[{"id":149343,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/149334\/revisions\/149343"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=149334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=149334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=149334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}