US dollar short bets were cut by almost half falling to $1.9 billion from $3.45 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to November 7 released on Monday November 13. Dollar sentiment improved still more after upbeat Federal Reserve statement and strong October jobs report.
CFTC Sentiment vs Exchange Rate
| November 07 2017 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
| CAD | bullish | positive | 3987 | -498 |
| AUD | bullish | negative | 3474 | -475 |
| EUR | bullish | positive | 12381 | 1884 |
| GBP | bearish | negative | -757 | -860 |
| CHF | bearish | positive | -3141 | -549 |
| JPY | bearish | positive | -14041 | -967 |
| Total | 1903 |