Reuters: US Dollar Report: Speculators pare net US dollar bets - CFTC

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Speculators pare net US dollar bets - CFTC Mar 23rd 2012, 20:15 NEW YORK, March 23 | Fri Mar 23, 2012 4:15pm EDT NEW YORK, March 23 (Reuters) - Currency speculators pared their net bets on the dollar in the latest week to the lowest since February, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net-long position dropped to $11.67 billion in the week ended March 20 from $19.0 billion in 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.

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