July 19 (Reuters) - Speculators cut their net long dollar position in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.
The value of the dollar's net long position, derived from net positions of International Monetary Market speculators in the yen, euro, British pound, Swiss franc and Canadian and Australian dollars, fell to $15.20 billion in the week ending July 16, from $15.48 billion the previous week.
It has fallen from $38.88 billion in April.
In a wider measure of dollar positioning NETUSDALL= that includes net contracts on the New Zealand dollar, Mexican peso, Brazilian real and Russian ruble, the U.S. dollar posted a net long position valued at $11.66 billion, the lowest since June 2018 and down from $12.38 billion a week earlier.
The dollar index .DXY has fallen from a two-year high on May 23 on growing expectations that the Federal Reserve is closer to cutting interest rates, which is now seen as certain when the U.S. central bank meets on July 30-31.
Japanese Yen (Contracts of 12,500,000 yen) Net dollar long by $0.419 billion
16 Jul 2019
Prior week
week
Long
32,905
35,346 Short
44,285
38,997 Net
-11,380
-3,651 EURO (Contracts of 125,000 euros) Net dollar long by $5.024 billion
16 Jul 2019
Prior week
week
Long
170,487
158,398 Short
201,838
194,263 Net
-31,351
-35,865 POUND STERLING (Contracts of 62,500 pounds sterling) Net dollar long by $5.686 billion
16 Jul 2019
Prior week
week
Long
35,190
36,232 Short
111,547
109,214 Net
-76,357
-72,982 SWISS FRANC (Contracts of 125,000 Swiss francs) Net dollar long by $1.312 billion
16 Jul 2019
Prior week
week
Long
5,962
7,149 Short
17,694
17,577 Net
-11,732
-10,428 CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars) Net dollar short by $-0.703 billion
16 Jul 2019
Prior week
week
Long
63,098
48,734 Short
42,134
39,508 Net
20,964
9,226 AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars) Net dollar long by $3.741 billion
16 Jul 2019
Prior week
week
Long
31,843
31,850 Short
84,419
85,857 Net
-52,576
-54,007 MEXICAN PESO (Contracts of 500,000 pesos) Net dollar short by $3.299 billion
16 Jul 2019
Prior week
week
Long
168,473
181,214 Short
40,352
54,832 Net
128,121
126,382 NEW ZEALAND DOLLAR (Contracts of 100,000 New Zealand dollars) Net dollar long by $1.466 billion
16 Jul 2019
Prior week
week
Long
10,839
10,484 Short
28,158
32,689 Net
-17,319
-22,205