Dollar bullish bets rose on strong jobs report


US dollar net long bets rose to $19.84 billion from $18.36 billion against the major currencies during the last three weeks, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to December 10 and released on Friday December 23. The increase in bullish dollar bets continued as durable goods orders resumed growing in October (rising 0.6% after a 1.4% decline in September) as did factory orders, and the unexpectedly strong nonfarm payrolls report showed US economy added 266,000 new jobs in November.

CFTC Sentiment vs Exchange Rate

December 10 2019BiasEx RateTrendPosition $ mlnWeekly Change

commitment of traders net long short

commitment of traders weekly change

market sentiment ratio long short positions

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