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Speculators trim U.S. dollar bets in latest week -CFTC, Reuters

NEW YORK (Frankfurt: HX6.F - news) , April 11 (Reuters) - Speculators pared bullish

bets on 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 long position slipped to $3.09

billion in the week ended April 8, from longs of $3.26 billion

the previous week.

The most notable change in CFTC (Taiwan OTC: 1586.TWO - news) positioning was the increase

in long contracts on sterling to 46,477. Euro longs declined as

well, with sentiment deteriorating a bit as the European Central

Bank said it could undertake more monetary easing.

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To be long a currency is a view it will rise, while being

short is a bet its value will decline.

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.

Japanese Yen (Contracts of 12,500,000 yen)

08Apr2014 week Prior week

Long 13,340 22,162

Short 100,802 110,800

Net (Dusseldorf: NETK.DU - news) -87,462 -88,638

EURO (Contracts of 125,000 euros)

08Apr2014 week Prior week

Long 92,635 101,849

Short 69,335 68,611

Net 23,300 33,238

POUND STERLING (Contracts of 62,500 pounds sterling)

08Apr2014 week Prior week

Long 91,642 75,969

Short 45,165 42,397

Net 46,477 33,572

SWISS FRANC (Contracts of 125,000 Swiss francs)

08Apr2014 week Prior week

Long 19,275 24,800

Short 7,940 10,569

Net 11,335 14,231

CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars)

08Apr2014 week Prior week

Long 28,704 27,549

Short 63,011 64,543

Net -34,307 -36,994

AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars)

08Apr2014 week Prior week

Long 37,630 35,398

Short 34,320 40,278

Net 3,310 -4,880

MEXICAN PESO (Contracts of 500,000 pesos)

08Apr2014 week Prior week

Long 70,371 49,893

Short 13,870 28,109

Net 56,501 21,784

NEW ZEALAND DOLLAR (Contracts of 100,000 New Zealand dollars)

08Apr2014 week Prior week

Long 26,521 25,765

Short 6,755 7,285

Net 19,766 18,480

(Reporting by Gertrude Chavez-Dreyfuss; Editing by James

Dalgleish)