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Dollar sentiment improves as Senate approves 2018 budget

IFC Markets

US dollar short bets fell considerably to $8.03 billion from $12.64 15.41 against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to October 24 released on Friday October 27. Dollar sentiment improved significantly on upbeat earnings as the Senate approved the 2018 budget blueprint.


CFTC Sentiment vs Exchange Rate


October 24 2017BiasEx RateTrendPosition $ mlnWeekly Change
CADbullishnegative5707-291
AUDbullishnegative4449-397
EURbullishnegative12277-1024
GBPbearishpositive-122-538
CHFbearishnegative-1463-833
JPYbearishpositive-12823-1536
Total8025
commitment of traders net long short
commitment of traders weekly change
market sentiment ratio long short positions

IFC Markets Review

Source: https://www.ifcmarkets.com/en/market-sentiment/dollar-sentiment-improves-as-senate-approves-2018-budget?utm_source=financemagnates
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