{"id":167763,"date":"2020-03-30T14:58:24","date_gmt":"2020-03-30T18:58:24","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=167763"},"modified":"2020-03-30T14:39:17","modified_gmt":"2020-03-30T18:39:17","slug":"dollar-bearish-bets-rise-as-fed-announced-it-would-buy-unlimited-amount-of-bonds","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/03\/dollar-bearish-bets-rise-as-fed-announced-it-would-buy-unlimited-amount-of-bonds\/","title":{"rendered":"Dollar bearish bets rise as Fed announced it would buy unlimited amount of bonds"},"content":{"rendered":"<div id=\"inves-3491770730\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">March 30, 2020<\/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 short bets rose to $8.86 billion from $8.28 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 March 24 and released on Friday March 27. The change in overall dollar position was due to increase in bullish bets on euro while bullish bets on British Pound, Swiss franc and Japanese yen were cut. Australian and Canadian dollars maintained net short positions against the dollar. Bearish dollar bets rose as the Federal Reserve announced it would buy unlimited amount of Treasurys and mortgage-backed securities, and bolster emergency lending facilities. Before that the European Central Bank announced the start of a new stimulus program to buy bonds worth 1.1 trillion euros throughout this year.<\/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>March 24 2020<\/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\">-2027<\/td>\n<td align=\"right\">-1351<\/td>\n<\/tr>\n<tr>\n<td><b>AUD<\/b><\/td>\n<td>bearish<\/td>\n<td>positive<\/td>\n<td align=\"right\">-1507<\/td>\n<td align=\"right\">213<\/td>\n<\/tr>\n<tr>\n<td><b>EUR<\/b><\/td>\n<td>bullish<\/td>\n<td>positive<\/td>\n<td align=\"right\">8281<\/td>\n<td align=\"right\">3807<\/td>\n<\/tr>\n<tr>\n<td><b>GBP<\/b><\/td>\n<td>bullish<\/td>\n<td>positive<\/td>\n<td align=\"right\">802<\/td>\n<td align=\"right\">-605<\/td>\n<\/tr>\n<tr>\n<td><b>CHF<\/b><\/td>\n<td>bullish<\/td>\n<td>positive<\/td>\n<td align=\"right\">624<\/td>\n<td align=\"right\">-337<\/td>\n<\/tr>\n<tr>\n<td><b>JPY<\/b><\/td>\n<td>bullish<\/td>\n<td>positive<\/td>\n<td align=\"right\">2683<\/td>\n<td align=\"right\">-1156<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td>Total<\/td>\n<td align=\"right\">8856<\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>&nbsp;<\/p>\n<p><center><img decoding=\"async\" src=\"https:\/\/www.ifcmarkets.com\/uploads\/image\/CFTC_NetShortLong_30March2020.jpg\" alt=\"commitment of traders net long short\" \/><\/center><center><img decoding=\"async\" src=\"https:\/\/www.ifcmarkets.com\/uploads\/image\/CFTC_WeeklyChange_30March2020.jpg\" alt=\"commitment of traders weekly change\" \/><\/center><center><img decoding=\"async\" src=\"https:\/\/www.ifcmarkets.com\/uploads\/image\/CFTC_ShortLongRatio_R_30March2020.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 short bets rose to $8.86 billion from $8.28 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 March 24 and released on Friday March 27. The change in overall dollar position was due to [&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-167763","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/167763","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=167763"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/167763\/revisions"}],"predecessor-version":[{"id":167771,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/167763\/revisions\/167771"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=167763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=167763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=167763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}