US dollar net long bets rose to $ 15.28 billion from $13.34 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 September 17 and released on Friday September 20. The dollar bullish bets rose as the Commerce Department reported US retail sales grew above expected 4.1% on-year in August, providing more support to the view no urgent stimulus is needed as US economy is strong.
CFTC Sentiment vs Exchange Rate
September 17 2019
Bias
Ex RateTrend
Position $ mln
Weekly Change
CAD
bullish
negative
1496
620
AUD
bearish
negative
-2752
885
EUR
bearish
negative
-9488
-2604
GBP
bearish
negative
-6728
395
CHF
bearish
positive
-574
-209
JPY
bearish
positive
2759
-1030
Total
-15287