Dollar strengthened on retail sales rebound

30th April 2019 Off By binary
Dollar strengthened on retail sales rebound

By IFCMarkets

US dollar net long bets rose significantly to $37.20 billion from $34.56 billion against the major currencies during the one week period, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to April 23 and released on Friday April 26. The dollar strengthened as data showed retail sales rose 1.6% over month in March following a 0.2% decline in February, while US trade deficit fell 3.4% in February to the lowest level in eight months.

 

CFTC Sentiment vs Exchange Rate

April 23 2019BiasEx RateTrendPosition $ mlnWeekly Change
CADbearishnegative-3536146
AUDbearishnegative-3581-218
EURbearishnegative-14787-961
GBPbearishnegative-148-223
CHFbearishneutral-4599-556
JPYbearishpositive-10550-829
Total-37201

 

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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