US dollar net short bets decrease reversed with total net shorts rising to $33.60 billion from $30.9 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 22 and released on Friday September 25. The increase in net short dollar bets was the result of mainly increase in bullish bets on euro as the euro-zone current account surplus decline to €16.6 billion in July from €20.7 billion was smaller than forecast. Dollar bearish bets rose as the Labor Department reported above expected 860 thousand Americans filed for first-time jobless benefits and Federal Reserve kept interest rates at zero and Fed chair Powell told interest rates would remain low until at least 2024 and more fiscal support is likely to be needed. At the same time the Chicago Fed’s national activity index, which reflects overall US economic activity, fell to 0.79 in August from 2.54 in the prior month, while the federal government debt soared 58.9% to $22.58 trillion in the second quarter, after 11.4% gain in the first quarter.
CFTC Sentiment vs Exchange Rate
| September 22 2020 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
| CAD | bearish | negative | -1420 | -135 |
| AUD | bullish | negative | 1171 | -12 |
| EUR | bullish | negative | 27923 | 1477 |
| GBP | bullish | positive | 236 | 51 |
| CHF | bullish | negative | 2163 | 503 |
| JPY | bullish | negative | 3524 | 810 |
| Total | 33598 |
Free Reports:
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
Download Our Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
- Geopolitical and macroeconomic conditions continue to pressure market sentiment Jul 20, 2026
- USD/JPY Poised to Continue Gains as Expensive Oil and Lack of Support Weigh on Yen Jul 20, 2026
- COT Metals Charts: Weekly Speculator Bets led by Copper & Steel Jul 18, 2026
- COT Bonds Charts: Weekly Speculator Bets led by 2-Year, SOFR 3M & 5-Year Bonds Jul 18, 2026
- COT Energy Charts: Weekly Speculator Bets led by Brent Oil & Heating Oil Jul 18, 2026
- COT Soft Commodities Charts: Weekly Speculator Bets led by Wheat, Corn & Soybean Meal Jul 18, 2026
- The Bank of Canada kept its interest rate unchanged. Platinum prices reached a three‑week high Jul 16, 2026
- Stock indices rose after the release of US inflation data. China’s GDP slowed sharply Jul 15, 2026
- GBP/USD Awaits Political News: What Will Happen Next Jul 15, 2026
- USD/JPY Holds at Highs: Pressure Lingers on Yen Jul 14, 2026
