US dollar short bets declined to $12.96 billion from $13.74 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to February 6 released on Friday February 9. The dollar sentiment improved as nonfarm payrolls increased by 200 thousand and average hourly earnings rose 2.9% year over year in January.
CFTC Sentiment vs Exchange Rate
February 06 2018 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
CAD | bullish | negative | 3216 | 502 |
AUD | bullish | negative | 1087 | 24 |
EUR | bullish | negative | 21791 | -1268 |
GBP | bullish | negative | 2431 | -376 |
CHF | bearish | negative | -2704 | 16 |
JPY | bearish | positive | -12863 | 322 |
Total | 12956 |