Dollar weakened on soft manufacturing and services indexes reports

4th June 2019 Off By binary
Dollar weakened on soft manufacturing and services indexes reports

By IFCMarkets

US dollar bullish bets edged down to $34.62 billion from $34.76 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 May 28 and released on Friday May 31. The dollar weakened marginally after a report orders for durable goods fell a below expected 2.1% in April and Markit reported its flash readings of US manufacturing and services indexes declined in May.

 

CFTC Sentiment vs Exchange Rate

May 28 2019BiasEx RateTrendPosition $ mlnWeekly Change
CADbearishnegative-2922229
AUDbearishpositive-4597-47
EURbearishpositive-13913193
GBPbearishnegative-2531-454
CHFbearishpositive-4303332
JPYbearishpositive-6353-110
Total-34620

 

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

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