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Speculators' net short bets on dollar at near 4-month low - CFTC

According to calculations by Reuters and Commodity Futures Trading Commission (CFTC) data released on Monday, net short bets on the US dollar slipped to the smallest position in nearly four months.

The value of the dollar's net short position was $1.92 billion, in the week to Nov. 7 vs. previous week's $3.37 billion.  

Other notable changes in market positioning

The short position in low yielding currencies, the Japanese yen and Swiss franc, have grown over the last few weeks, tracking the rise in the treasury yields.

Reuters report says, "the net short position on the Japanese yen was at 127,848 contracts, or the largest since January 2014 and the net short position on the Swiss franc grew to 25,110 contracts, the largest since December 2016."

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