Dollar weakening accelerated on weak inflation report25th June 2019
US dollar net long bets fell significantly to $22.60 billion from $31.05 against the major currencies during the one week period, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to June 18 and released on Friday June 21. The dollar weakening accelerated after weak inflation report showed the cost of living increase over the past 12 months slowed to 1.8% from 2% and retail sales growth was slower than expected.
CFTC Sentiment vs Exchange Rate
|June 18 2019||Bias||Ex RateTrend||Position $ mln||Weekly Change|
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