Dollar weakened after weak US jobs report


US dollar net long bets declined to $13.34 billion from $14.24 billion against the major currencies during the one week period, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to September 10 and released on Friday September 13. The dollar weakened as the Labor Department reported US economy added below expected 130,000 jobs in August, after 159,000 new job creation in July.


CFTC Sentiment vs Exchange Rate

September 10 2019
Bias
Ex RateTrend
Position $ mln
Weekly Change
CAD
bullish
positive
877
476
AUD
bearish
positive
-3637
371
EUR
bearish
negative
-6883
-145
GBP
bearish
positive
-7123
-706
CHF
bearish
negative
-365
375
JPY
bearish
positive
3789
522
 
 
Total
-13343