US dollar net long bets increase continued to $16.18 billion from $13.33 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 November 12 and released on Friday November 15. The ICE US dollar index advance continued on positive data and hawkish central bank officials’ comments: the University of Michigan consumer sentiment index rose to 95.7 from 95.5 in October, initial jobless claims were below forecast for the week, while Chicago Fed President Charles Evan said the US economy may not need additional interest rate cuts.
CFTC Sentiment vs Exchange Rate
|November 12 2019||Bias||Ex RateTrend||Position $ mln||Weekly Change|
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