Dollar strengthened as US unemployment fell


US dollar bullish bets rose to $18.78 billion from $17.80 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 October 8 and released on Friday October 11. Increase in dollar bullish bests continued as US economy added 136,000 new jobs in September after 164,000 new jobs in August, and unemployment rate dropped to 3.5% from 3.7% in August.


CFTC Sentiment vs Exchange Rate

October 08 2019BiasEx RateTrendPosition $ mlnWeekly Change
CADbullishpositive399-80
AUDbearishpositive-3158347
EURbearishpositive-10327-1313
GBPbearishpositive-5592329
CHFbearishnegative-139161
JPYbullishnegative1286-329
  Total-18783