- Analytics
- Market Sentiment
Dollar strengthened after emergency Fed rate cut to 0
US dollar bullish bets more than tripled to $8.28 billion from $2.28 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 March 17 and released on Friday March 20. The ICE US dollar index gained more than 3% during that period after Fed’s emergency full percentage point rate cut Sunday, March 15, and the start of the purchase program in the magnitude of $700 billion in Treasurys and mortgage-backed securities. Later on March 17 the Fed launched the Commercial Paper Funding Facility - CPFF program, and began to buy directly short term corporate bonds in order to help companies affected by the coronavirus pandemic.
CFTC Sentiment vs Exchange Rate
| March 17 2020 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
| CAD | bullish | negative | -676 | -531 |
| AUD | bearish | positive | -1720 | 1794 |
| EUR | bearish | negative | 4474 | 6265 |
| GBP | bearish | negative | 1407 | -717 |
| CHF | bearish | negative | 961 | 881 |
| JPY | bearish | negative | 3839 | 2868 |
| Total | 8284 |
New Exclusive Analytical Tool
Any date range - from 1 day to 1 year
Any Trading Group - Forex, Stocks, Indices, etc.
Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.
- Get Certificate
Last Sentiments
- 18Mar2021Weekly Top Gainers/Losers: Canadian dollar and Japanese yen
Over the past 7 days, prices for oil, non-ferrous metals and other mineral raw materials decreased but still remained high. As a result, the currencies of the commodity countries strengthened: the Canadian dollar, the Australian and New Zealand dollars, the Mexican peso, and the South African rand. The...
- 10Mar2021Weekly Top Gainers/Losers: Canadian dollar and New Zealand dollar
Оil quotes continued to rise over the past 7 days. Against this background, the currencies of oil-producing countries, such as the Russian ruble and the Canadian dollar, strengthened. The New Zealand dollar weakened after the announcement of negative economic indicators: ANZ Business Confidence and...
- 4Mar2021Weekly Top Gainers/Losers: American dollar and South African rand
Over the past 7 days, oil quotes continued to grow. Precious metals, including gold, fell in price. Against this background, the shares of oil companies increased, the Russian ruble strengthened, the Australian and New Zealand dollars, as well as the South African rand, weakened. The US dollar strengthened...