Speculators reduce long U.S. dollar bets in latest week -CFTC
Dec 20 (Reuters) - Currency speculators decreased bets in favor of the U.S. dollar for the third week in a row in the latest week, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position fell to $18.32 billion in the week ended Dec. 17, from $19.10 billion the previous week. To be short a currency is to bet it will decline in value, while being long is a view its value will rise. The Reuters calculation for the aggregate U.S. dollar position is derived from net positions of International Monetary Market speculators in the yen, euro, British pound, Swiss franc, and Canadian and Australian dollars.