US dollar short bets increased significantly to $14.61 billion from $11.45 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to March 13 released on Friday March 16. The dollar sentiment continued to deteriorate as average hourly earnings growth slowed more than forecast in February with the monthly consumer inflation declining to 0.2% from 0.5%.
CFTC Sentiment vs Exchange Rate
| March 13 2018 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
| CAD | bullish | negative | 1499 | -16 |
| AUD | bearish | negative | -61 | -306 |
| EUR | bullish | negative | 22676 | 2037 |
| GBP | bullish | positive | 701 | 244 |
| CHF | bearish | negative | -871 | 260 |
| JPY | bearish | positive | -9337 | 940 |
| Total | 14607 |