US dollar net bullish bets declined last week to $19.15 billion from $20.61 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to September 11 and released on Friday September 14. The dollar weakened despite strong August jobs report as both the trade and budget deficits widened in August.
CFTC Sentiment vs Exchange Rate
September 11 2018 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
CAD | bullish | negative | -2063 | -67 |
AUD | bullish | negative | -3152 | 13 |
EUR | bullish | negative | 1619 | 467 |
GBP | bullish | positive | -4977 | 613 |
CHF | bullish | neutral | -4545 | 640 |
JPY | bearish | positive | -6036 | -210 |
Total | -19154 |