Dollar sentiment deteriorates further as nonfarm payrolls disappoint


US dollar bearish bets rose to $10.88 billion from $10.26 against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to September 5 released on Friday September 8. 156 thousand new jobs were created in US in August of 2017, below a downwardly revised 189 thousand in July and lower than market expectations of 180 thousand.


CFTC Sentiment vs Exchange Rate

September 05 2017BiasEx RateTrendPosition $ mlnWeekly Change
CADbullishpositive433688
AUDbullishpositive5187-99
EURbullishpositive143401400
GBPbearishpositive-4311-148
CHFbearishpositive-284-51
JPYbearishpositive-8387-573
  Total10882