Dollar strengthens after Fed rate hike

9th October 2018 Off By binary
Dollar strengthens after Fed rate hike

By IFCMarkets

US dollar net long bets edged higher last week to $23.69 billion from $23.17 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 2 and released on Friday October 5. The dollar bullish bets rose as the Federal Reserve implemented third quarter-point rate hike and signaled another rate hike in December. The 4.5% increase in orders for durable goods in August, faster than forecast, also supported dollar sentiment.


CFTC Sentiment vs Exchange Rate

October 02 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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