{"id":159047,"date":"2019-11-04T13:33:07","date_gmt":"2019-11-04T18:33:07","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=159047"},"modified":"2019-11-04T08:56:53","modified_gmt":"2019-11-04T13:56:53","slug":"dollar-bullish-bets-plunged-on-weak-reports","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/11\/dollar-bullish-bets-plunged-on-weak-reports\/","title":{"rendered":"Dollar bullish bets plunged on weak reports"},"content":{"rendered":"<div id=\"inves-1216578985\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">November 4, 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> net long bets decline accelerated to $6.63 billion from $15.31 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 October 29 and released on Friday November 1. The sharp decline in dollar bullish bets occurred as weak economic reports painted mixed picture of economy: US budget deficit rose 26% over the fiscal year 2018 and new home construction and durable goods orders fell in September; House Price Index growth slowed to 0.2% on month in August when steady growth at 0.4% was expected, while initial jobless claims fell in the prior week.<\/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>October 29 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>positive<\/td>\n<td align=\"right\">3310<\/td>\n<td align=\"right\">760<\/td>\n<\/tr>\n<tr>\n<td><b>AUD<\/b><\/td>\n<td>bearish<\/td>\n<td>positive<\/td>\n<td align=\"right\">-2763<\/td>\n<td align=\"right\">251<\/td>\n<\/tr>\n<tr>\n<td><b>EUR<\/b><\/td>\n<td>bearish<\/td>\n<td>positive<\/td>\n<td align=\"right\">-741<\/td>\n<td align=\"right\">6358<\/td>\n<\/tr>\n<tr>\n<td><b>GBP<\/b><\/td>\n<td>bearish<\/td>\n<td>positive<\/td>\n<td align=\"right\">-2606<\/td>\n<td align=\"right\">1612<\/td>\n<\/tr>\n<tr>\n<td><b>CHF<\/b><\/td>\n<td>bearish<\/td>\n<td>positive<\/td>\n<td align=\"right\">-1570<\/td>\n<td align=\"right\">-138<\/td>\n<\/tr>\n<tr>\n<td><b>JPY<\/b><\/td>\n<td>bearish<\/td>\n<td>negative<\/td>\n<td align=\"right\">-2262<\/td>\n<td align=\"right\">-169<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td>Total<\/td>\n<td align=\"right\">-6631<\/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_NetShortLong_4November2019.jpg\" alt=\"commitment of traders net long short\" \/><\/center><center><img decoding=\"async\" src=\"https:\/\/ifccd.net\/uploads\/image\/CFTC_ShortLongWeekly_4November2019.jpg\" alt=\"commitment of traders weekly change\" \/><\/center><center><img decoding=\"async\" src=\"https:\/\/ifccd.net\/uploads\/image\/CFTC_ShortLongRatio_4November2019.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 net long bets decline accelerated to $6.63 billion from $15.31 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 October 29 and released on Friday November 1. The sharp decline in dollar bullish bets occurred [&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-159047","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/159047","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=159047"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/159047\/revisions"}],"predecessor-version":[{"id":159064,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/159047\/revisions\/159064"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=159047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=159047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=159047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}