{"id":152403,"date":"2019-07-29T15:15:56","date_gmt":"2019-07-29T19:15:56","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=152403"},"modified":"2019-07-29T09:29:27","modified_gmt":"2019-07-29T13:29:27","slug":"dollar-strengthened-as-new-york-fed-walked-back-williams-comments","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/07\/dollar-strengthened-as-new-york-fed-walked-back-williams-comments\/","title":{"rendered":"Dollar strengthened as New York Fed walked back Williams\u2019 comments"},"content":{"rendered":"<div id=\"inves-3818733656\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 29, 2019<\/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 noreferrer\">IFCMarkets<\/a><\/p>\n<p><em> US dollar <\/em> bullish bets inched up to $15.32 billion from $15.19 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 July 23 and released on Friday July 26. The dollar strengthening resumed as steep interest rate cut expectations at July 30-31 meeting moderated after New York Fed said Williams\u2019 comments about need to \u2018act quickly\u2019 referred to his academic research and not upcoming Federal Reserve meeting, and University of Michigan consumer sentiment index was revised upward.<\/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>July 23 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>bullish<\/td>\n<td>negative<\/td>\n<td align=\"right\">2341<\/td>\n<td align=\"right\">739<\/td>\n<\/tr>\n<tr>\n<td><b>AUD<\/b><\/td>\n<td>bearish<\/td>\n<td>negative<\/td>\n<td align=\"right\">-3360<\/td>\n<td align=\"right\">325<\/td>\n<\/tr>\n<tr>\n<td><b>EUR<\/b><\/td>\n<td>bearish<\/td>\n<td>negative<\/td>\n<td align=\"right\">-5437<\/td>\n<td align=\"right\">-1044<\/td>\n<\/tr>\n<tr>\n<td><b>GBP<\/b><\/td>\n<td>bearish<\/td>\n<td>negative<\/td>\n<td align=\"right\">-6109<\/td>\n<td align=\"right\">-189<\/td>\n<\/tr>\n<tr>\n<td><b>CHF<\/b><\/td>\n<td>bearish<\/td>\n<td>negative<\/td>\n<td align=\"right\">-1674<\/td>\n<td align=\"right\">-190<\/td>\n<\/tr>\n<tr>\n<td><b>JPY<\/b><\/td>\n<td>bearish<\/td>\n<td>negative<\/td>\n<td align=\"right\">-1083<\/td>\n<td align=\"right\">231<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td>Total<\/td>\n<td align=\"right\">-15322<\/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_29July2019.jpg\" alt=\"commitment of traders net long short\" \/><\/center><center><img decoding=\"async\" src=\"https:\/\/ifccd.net\/uploads\/image\/CFTC_O_WeeklyChnage_29July2019.jpg\" alt=\"commitment of traders weekly change\" \/><\/center><center><img decoding=\"async\" src=\"https:\/\/ifccd.net\/uploads\/image\/CFTC_O_LongShortRatio_29July2019.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 inched up to $15.32 billion from $15.19 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 July 23 and released on Friday July 26. The dollar strengthening resumed as steep interest rate cut [&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-152403","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/152403","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=152403"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/152403\/revisions"}],"predecessor-version":[{"id":152405,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/152403\/revisions\/152405"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=152403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=152403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=152403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}