Dollar weakened after weak US jobs report


US dollar net long bets declined to $13.34 billion from $14.24 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 10 and released on Friday September 13. The dollar weakened as the Labor Department reported US economy added below expected 130,000 jobs in August, after 159,000 new job creation in July.


CFTC Sentiment vs Exchange Rate

September 10 2019BiasEx RateTrendPosition $ mlnWeekly Change
CADbullishpositive877476
AUDbearishpositive-3637371
EURbearishnegative-6883-145
GBPbearishpositive-7123-706
CHFbearishnegative-365375
JPYbearishpositive3789522
  Total-13343