Dollar weakening accelerated on disappointing jobs report | IFCM India
IFC Markets Online CFD Broker

Dollar weakening accelerated on disappointing jobs report

17/6/2019

US dollar bullish bets decline accelerated to $31.05 billion from $33.32 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 11 and released on Friday June 14. The dollar weakening accelerated after weak May jobs report supported hopes of Fed interest rate cuts soon following Federal Reserve chair Powell comment the previous week the central bank would ‘act as appropriate to sustain the expansion’.


CFTC Sentiment vs Exchange Rate

June 11 2019BiasEx RateTrendPosition $ mlnWeekly Change
CADbearishnegative-2472646
AUDbearishnegative-440125
EURbearishnegative-1228826
GBPbearishnegative-3562228
CHFbearishnegative-31221421
JPYbearishnegative-5201-70
  Total-31046 

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.


IFCM Trading Academy - New era in Forex education
Pass Your Course:
  • Get Certificate
trading academy
Close support
Call to Skype Call to WhatsApp Call to telegram Call Back Call to messenger