US dollar bullish bets edged down to $34.62 billion from $34.76 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 May 28 and released on Friday May 31. The dollar weakened marginally after a report orders for durable goods fell a below expected 2.1% in April and Markit reported its flash readings of US manufacturing and services indexes declined in May.
CFTC Sentiment vs Exchange Rate
May 28 2019 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
CAD | bearish | negative | -2922 | 229 |
AUD | bearish | positive | -4597 | -47 |
EUR | bearish | positive | -13913 | 193 |
GBP | bearish | negative | -2531 | -454 |
CHF | bearish | positive | -4303 | 332 |
JPY | bearish | positive | -6353 | -110 |
Total | -34620 |