US dollar bearish bets slipped to $21.41 billion from $21.73 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to April 3 released on Friday April 6. The dollar sentiment improved marginally as the annualized pace of growth in the economy in the fourth quarter of 2017 was revised to 2.9% from 2.5% due to higher consumer spending.
CFTC Sentiment vs Exchange Rate
April 03 2018 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
CAD | bearish | neutral | -2490 | -389 |
AUD | bullish | negative | 620 | -756 |
EUR | bullish | positive | 20606 | -1263 |
GBP | bullish | positive | 3544 | 520 |
CHF | bearish | positive | -1292 | -45 |
JPY | bullish | negative | 419 | 854 |
Total | 21406 |