By IFCMarkets
US dollar bullish bets rebounded to $ 15.53 billion from $14.66 against the major currencies during the one week period, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to July 9 and released on Friday July 12. The dollar strengthened after report US economy created above-expected 224,000 new jobs in June, after 75,000 jobs created in May, which dampened interest rate cut expectations.
CFTC Sentiment vs Exchange Rate
| July 09 2019 | Bias | Ex RateTrend | Position $ mln | Weekly Change |
| CAD | bullish | negative | 703 | 223 |
| AUD | bearish | negative | -3790 | 317 |
| EUR | bearish | negative | -5024 | -546 |
| GBP | bearish | negative | -5684 | -628 |
| CHF | bearish | negative | -1312 | 49 |
| JPY | bearish | negative | -421 | -279 |
| Total | -15529 |
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