Dollar weakened On FED plans to buy Treasury bills


US dollar net long bets rose to $20.77 billion from $18.78 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 October 15 and released on Friday October 18. The ICE US Dollar index USDX however fell as the Federal Reserve revealed plans to purchase $60 billion of short-term Treasury debt each month.


CFTC Sentiment vs Exchange Rate

October 15 2019BiasEx RateTrendPosition $ mlnWeekly Change
CADbullishpositive982583
AUDbearishpositive-3215-57
EURbearishpositive-10364-37
GBPbearishpositive-5817-225
CHFbearishpositive-1598-207
JPYbullishpositive-763-2048
  Total-20774