Dollar weakened after soft jobs report
US dollar bullish bets slipped in the past two weeks to $28.48 billion from $29.53 billion against the major currencies , according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to December 11 and released on Friday December 14. The dollar weakened as softer than expected November jobs report supported the view Federal Reserve may slow its tightening pace as it takes into account declining inflationary pressures.
CFTC Sentiment vs Exchange Rate
|December 11 2018||Bias||Ex RateTrend||Position $ mln||Weekly Change|
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