Strong March jobs report supported dollar sentiment

16th April 2019 Off By binary
Strong March jobs report supported dollar sentiment

By IFCMarkets

US dollar net long bets continued to rise amounting to $33.60 billion from $32.29 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 April 9 and released on Friday April 12. The dollar sentiment continued to improve on strong jobs report – the US economy added above forecast 196,000 new jobs in March after adding just 33,000 to nonfarm payrolls in February.

 

CFTC Sentiment vs Exchange Rate

April 09 2019BiasEx RateTrendPosition $ mlnWeekly Change
CADbearishneutral-324182
AUDbearishpositive-387662
EURbearishpositive-14391-505
GBPbearishpositive-531284
CHFbearishnegative-3519-228
JPYbearishnegative-8044-1000
Total-33602

 

commitment of traders net long short
commitment of traders weekly change
market sentiment ratio long short positions

Market Analysis provided by IFCMarkets

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