Dollar long bets rise on better than expected jobs report

14th November 2018 Off By binary
Dollar long bets rise on better than expected jobs report

By IFCMarkets

US dollar bullish bets edged up last week to $28.65 billion from $26.46 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to November 6 and released on Friday November 9. The dollar bullish bets grew as nonfarm payrolls and earnings in October grew more than expected, with tight labor market supporting the odds of continuing rate hikes by the Federal Reserve.


CFTC Sentiment vs Exchange Rate

November 06 2018BiasEx RateTrendPosition $ mlnWeekly Change


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

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