Strong jobs report lifts ICE US dollar index


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 2018BiasEx RateTrendPosition $ mlnWeekly Change
CADbullishnegative3216502
AUDbullishnegative108724
EURbullishnegative21791-1268
GBPbullishnegative2431-376
CHFbearishnegative-270416
JPYbearishpositive-12863322
  Total12956