US dollar bullish bets fell last week to $26.16 billion from $27.64 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to October 23 and released on Friday October 26. The dollar bullish bets declined as Federal Reserve meeting minutes confirmed policy makers supported gradual rate increases and existing home sales fell in August.
CFTC Sentiment vs Exchange Rate
October 23 2018 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
CAD | bearish | negative | -553 | 300 |
AUD | bearish | positive | -4983 | 121 |
EUR | bearish | negative | -4344 | -101 |
GBP | bearish | negative | -3812 | 336 |
CHF | bearish | negative | -2150 | -63 |
JPY | bearish | neutral | -10321 | 883 |
Total | -26163 |