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Speculators cut net short U.S. dollar bets to lowest in 12 weeks -CFTC, Reuters data

Published 2018-05-18, 04:00 p/m
Speculators cut net short U.S. dollar bets to lowest in 12 weeks -CFTC, Reuters data

NEW YORK, May 18 (Reuters) - Speculators' net short dollar position slid to its lowest level in 12 weeks, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.

The value of the net short dollar position was $9.82 billion in the week ended May 15, from $10.84 billion the previous week. The net short dollar position has declined for four straight weeks.

U.S. dollar positioning was derived from net contracts of International Monetary Market speculators in the yen, euro, British pound, Swiss franc and Canadian and Australian dollars.

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