Dollar weakening continues on tepid inflation


US dollar bearish bets continued rising, reaching $7.42 billion from $5.54 billion against the major currencies during the previous week , according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to June 12 released on Friday June 15. The dollar weakened on tepid inflation which remained at 0.2% over month in May.


CFTC Sentiment vs Exchange Rate

June 05 2018BiasEx RateTrendPosition $ mlnWeekly Change
CADbearishnegative-115285
AUDbearishnegative-1154385
EURbullishnegative12950-118
GBPbullishnegative917302
CHFbearishnegative-4717263
JPYbullishnegative572963
  Total7416