By IFCMarkets
US dollar net short bets edged up to $5.54 billion from $5.44 billion against the major currencies during the previous week , according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to June 5 released on Friday June 8. The dollar weakened on tepid wage growth to 2.7% in May over the year from 2.6% in April while the US economy created 223,000 new jobs in May, above an expected 190,000.
CFTC Sentiment vs Exchange Rate
| June 05 2018 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
| CAD | bearish | negative | -1237 | -31 |
| AUD | bearish | negative | -1539 | 204 |
| EUR | bullish | positive | 13069 | -353 |
| GBP | bullish | negative | 615 | -170 |
| CHF | bearish | negative | -4980 | 500 |
| JPY | bearish | negative | -391 | 534 |
| Total | 5536 |
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