Dollar bullish bets rise after solid GDP report6th November 2018
US dollar net long bets edged up last week to $26.46 billion from $26.16 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 30 and released on Friday November 2. The dollar bullish bets grew as US economic growth in third quarter slowed less than expected: Q3 GDP grew 3.5% over the same period a year ago after 4.2% growth in the second quarter when a 3.3% increase was expected.
CFTC Sentiment vs Exchange Rate
|October 30 2018||Bias||Ex RateTrend||Position $ mln||Weekly Change|
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