Dollar strengthened as New York Fed walked back Williams’ comments

29/7/2019

US dollar bullish bets inched up to $15.32 billion from $15.19 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 July 23 and released on Friday July 26. The dollar strengthening resumed as steep interest rate cut expectations at July 30-31 meeting moderated after New York Fed said Williams’ comments about need to ‘act quickly’ referred to his academic research and not upcoming Federal Reserve meeting, and University of Michigan consumer sentiment index was revised upward.


CFTC Sentiment vs Exchange Rate

July 23 2019BiasEx RateTrendPosition $ mlnWeekly Change
CADbullishnegative2341739
AUDbearishnegative-3360325
EURbearishnegative-5437-1044
GBPbearishnegative-6109-189
CHFbearishnegative-1674-190
JPYbearishnegative-1083231
  Total-15322 

commitment of traders net long short

commitment of traders weekly change

market sentiment ratio long short positions

New Exclusive Analytical Tool

Any date range - from 1 day to 1 year

Any Trading Group - Forex, Stocks, Indices, etc.

Note: This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.


Start trading with IFC Markets

We are ready to support you with any kind of questions, 24 hours a day.