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Dollar index slips as budget and trade deficits rise

By IFCMarkets

US dollar net bullish bets declined last week to $19.15 billion from $20.61 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to September 11 and released on Friday September 14. The dollar weakened despite strong August jobs report as both the trade and budget deficits widened in August.

 

CFTC Sentiment vs Exchange Rate

September 11 2018 Bias Ex RateTrend Position $ mln Weekly Change
CAD bullish negative -2063 -67
AUD bullish negative -3152 13
EUR bullish negative 1619 467
GBP bullish positive -4977 613
CHF bullish neutral -4545 640
JPY bearish positive -6036 -210
Total -19154

 

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

Market Analysis provided by IFCMarkets

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About Louie Lewis

Louie Lewis
Successful forex trading starts with you first. Then comes the actual strategies and techniques. I have been involved with forex and forex trading for a few years now. It is a wonderful way to build wealth. The learning never stops and I want to help others along their journey into this wonderful market of opportunity.

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