Dollar rises as US GDP is revised up | IFCM India
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Dollar rises as US GDP is revised up

9/4/2018

US dollar bearish bets slipped to $21.41 billion from $21.73 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to April 3 released on Friday April 6. The dollar sentiment improved marginally as the annualized pace of growth in the economy in the fourth quarter of 2017 was revised to 2.9% from 2.5% due to higher consumer spending.


CFTC Sentiment vs Exchange Rate

April 03 2018BiasEx RateTrendPosition $ mlnWeekly Change
CADbearishneutral-2490-389
AUDbullishnegative620-756
EURbullishpositive20606-1263
GBPbullishpositive3544520
CHFbearishpositive-1292-45
JPYbullishnegative419854
  Total21406 

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