Dollar weakened as Federal Reserve stood pat

May 13, 2019

By IFCMarkets

US dollar net long bets declined to $38.03 billion from $38.87 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 May 7 and released on Friday May 10. The dollar weakened slightly as Federal Reserve held federal funds rate in a 2.25%-2.50% range while the Institute for Supply Management services index for April came in weaker than expected.

 

CFTC Sentiment vs Exchange Rate

April 30 2019 Bias Ex RateTrend Position $ mln Weekly Change
CAD bearish positive -3423 67
AUD bearish negative -4000 159
EUR bearish positive -14795 -8
GBP bearish negative -562 -182
CHF bearish positive -4855 22
JPY bearish positive -10399 773
Total -38033

 

commitment of traders net long short
commitment of traders weekly change
market sentiment ratio long short positions


Get our Weekly Commitment of Traders Report: - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.




Get Our Free Metatrader 4 Indicators - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter






Market Analysis provided by IFCMarkets

Note:
This 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 а 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.