{"id":172939,"date":"2020-06-29T13:30:26","date_gmt":"2020-06-29T17:30:26","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=172939"},"modified":"2020-06-29T10:41:25","modified_gmt":"2020-06-29T14:41:25","slug":"dollar-bearish-bets-increase-continued-on-mixed-us-reports","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/06\/dollar-bearish-bets-increase-continued-on-mixed-us-reports\/","title":{"rendered":"Dollar bearish bets increase continued on mixed US reports"},"content":{"rendered":"
June 29, 2020<\/div>
\r\n<\/div><\/div>

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

US dollar net short bets rose <\/em> to $16.93 billion from $15.69 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 23 and released on Friday June 26. The significant increase in Pound bearish bets as the Bank of England left interest rates unchanged at 0.1% but increased its bond buying by \u00a3100 billion ($125 billion) were offset by decrease in bearish bets on Canadian dollar and increase in yen bullish bets. Euro bearish bets changed little as European Union\u2019s 27 governments started negotiations over a proposal for a 750 billion euro ($841 billion) recovery fund. The Pound, Canadian and Australian dollars maintained net short positions against the dollar. The bearish dollar bets rose as US initial jobless claims rose above-expected 1.5 million the previous week while Chicago Fed\u2019s national activity index recovered in May – indicating expanding economy.<\/p>\n

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CFTC Sentiment vs Exchange Rate<\/h2>\n\n\n\n\n\n\n\n\n\n\n
June 23 2020<\/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>\nnegative<\/td>\n-1538<\/td>\n344<\/td>\n<\/tr>\n
AUD<\/b><\/td>\nbearish<\/td>\nnegative<\/td>\n-333<\/td>\n116<\/td>\n<\/tr>\n
EUR<\/b><\/td>\nbullish<\/td>\nnegative<\/td>\n16835<\/td>\n348<\/td>\n<\/tr>\n
GBP<\/b><\/td>\nbearish<\/td>\nnegative<\/td>\n-1448<\/td>\n-191<\/td>\n<\/tr>\n
CHF<\/b><\/td>\nbullish<\/td>\nnegative<\/td>\n192<\/td>\n-19<\/td>\n<\/tr>\n
JPY<\/b><\/td>\nbullish<\/td>\nnegative<\/td>\n3223<\/td>\n648<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nTotal<\/td>\n16931<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\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 short bets rose to $16.93 billion from $15.69 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 23 and released on Friday June 26. The significant increase in Pound bearish bets as the Bank […]<\/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-172939","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/172939","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=172939"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/172939\/revisions"}],"predecessor-version":[{"id":172941,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/172939\/revisions\/172941"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=172939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=172939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=172939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}