Dollar falls after lower March jobs growth


US dollar net short bets rose to $22.76 billion from $21.41 billion against the major currencies during the previous week , according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to April 10 released on Friday April 13. The dollar sentiment deteriorated as jobs growth was sharply weaker than expected: the US economy added 103,000 jobs in March instead of expected 185,000. It was the lowest monthly growth in the last six months.


CFTC Sentiment vs Exchange Rate

April 10 2018BiasEx RateTrendPosition $ mlnWeekly Change
CADbearishneutral-2514-24
AUDbearishnegative-217-211
EURbullishpositive227662161
GBPbullishpositive3810266
CHFbearishpositive-1404-111
JPYbullishnegative322-97
  Total22764