By IFCMarkets
US dollar net bullish bets fell last week to $20.61 billion from $ 23.65 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to September 4 and released on Friday September 7. The dollar strengthened as he ISM’s manufacturing index hit 14-year high and the demand for dollar increased as US and Canada talks ended without a deal by the unofficial deadline of August 31.
CFTC Sentiment vs Exchange Rate
| September 04 2018 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
| CAD | bearish | negative | -1997 | -79 |
| AUD | bearish | negative | -3165 | 108 |
| EUR | bullish | negative | 1152 | 2207 |
| GBP | bearish | positive | -5589 | 598 |
| CHF | bearish | neutral | -5185 | 546 |
| JPY | bearish | positive | -5826 | -649 |
| Total | -20609 |
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