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
- EUR/USD: The Advantage Remains with the Dollar Jun 29, 2026
- Escalation of the US–Iran conflict is once again supporting the rise in oil prices Jun 29, 2026
- Oil prices fall back to pre‑war levels. Silver drops to a 7‑month low Jun 25, 2026
- Gold Falls to an Eight-Month Low: This May Not Be the Bottom Jun 25, 2026
- Stock indices came under heavy selling pressure amid growing skepticism about AI investments Jun 24, 2026
- The Pound Is Pressured Not by Politics, but by a Strong US Dollar Jun 24, 2026
- Global crude oil prices continued to decline. The AUD/USD exchange rate hit an 11‑week low Jun 23, 2026
- EUR/USD Remains Under Sellers’ Control as the Dollar Stays Strong Jun 23, 2026
- Gold Falls for the Third Consecutive Week: Is There Still Upside Potential? Jun 22, 2026
- Bank Indonesia raised its interest rate. Norges Bank and the SNB left rates unchanged Jun 19, 2026
