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Speculators pare back net long U.S. dollar bets in latest week -CFTC, Reuters data

Mount Equity Group Tokyo Japan > News > Markets > Speculators pare back net long U.S. dollar bets in latest week -CFTC, Reuters data

U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration//File Photo

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NEW YORK, April 8 (Reuters) – Speculators’ net long positioning on the U.S. dollar fell in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.

The value of the net long dollar position slid to $14.13 billion for the week ended April 5, from $16.11 billion the previous week. U.S. dollar net long positioning declined for the first time in five weeks.

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

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