Reuters: US Dollar Report: RPT-Speculators boost short US dollar bets in latest week-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

RPT-Speculators boost short US dollar bets in latest week-CFTC Dec 21st 2012, 20:47 Fri Dec 21, 2012 3:47pm EST NEW YORK Dec 21 (Reuters) - Currency speculators increased their bets against the U.S. dollar in the latest week, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net short position rose to $6.39 billion in the week ended Dec. 18, from a net short position of $1.03 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, Canadian and Australian dollars.

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