(Adds table and context) By Kate Duguid NEW YORK, March 19 (Reuters) - Speculators cut their net short dollar positions in the latest week to the lowest level since mid-June, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net short dollar position fell to $13.40 billion in the period ended March 16, the smallest short position since the period ended June 9, compared with a net short of $22.29 billion the previous week. U.S. dollar positioning was derived from net contracts of International Monetary Market speculators in the Japanese yen, euro, British pound and Swiss franc, as well as the Canadian and Australian dollars. In a wider measure of dollar positioning that includes net contracts on the New Zealand dollar, Mexican peso, Brazilian real and Russian rouble, the U.S. dollar posted a net short position of $12.83 billion, compared with a net short of $23.11 billion a week earlier. The dollar index has risen modestly this year - up approximately 2.2% from three-year lows hit in January. Much of that move has happened in recent weeks as a Treasury debt has sold off. Higher Treasury yields have made the U.S. dollar more attractive to income-seeking investors. Yields on U.S. Treasuries have surged to their highest level in more than a year from record lows hit in 2020, as Federal Reserve commitments to hold rates near zero for years to come encouraged investors to bet economic growth and inflation will heat up. Japanese Yen (Contracts of 12,500,000 yen) $-0.751 billion 16 Mar 2021 Prior week week Long 26,003 64,027 Short 65,371 57,513 Net -39,368 6,514 EURO (Contracts of 125,000 euros) $-15.165 billion 16 Mar 2021 Prior week week Long 195,857 207,588 Short 105,881 105,624 Net 89,976 101,964 POUND STERLING (Contracts of 62,500 pounds sterling) $-2.945 billion 16 Mar 2021 Prior week week Long 55,190 61,271 Short 26,590 27,360 Net 28,600 33,911 SWISS FRANC (Contracts of 125,000 Swiss francs) $-1.94 billion 16 Mar 2021 Prior week week Long 13,297 23,614 Short 8,626 9,221 Net 4,671 14,393 CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars) $-0.869 billion 16 Mar 2021 Prior week week Long 50,907 50,022 Short 40,644 39,041 Net 10,263 10,981 AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars) $-0.623 billion 16 Mar 2021 Prior week week Long 57,840 61,848 Short 50,220 53,773 Net 7,620 8,075 MEXICAN PESO (Contracts of 500,000 pesos) $-0.044 billion 16 Mar 2021 Prior week week Long 40,137 50,349 Short 69,594 48,497 Net -29,457 1,852 NEW ZEALAND DOLLAR (Contracts of 100,000 New Zealand dollars) $-1.227 billion 16 Mar 2021 Prior week week Long 20,002 32,664 Short 13,973 15,538 Net 6,029 17,126 (Reporting by Kate Duguid; Editing by Leslie Adler Editing by Alistair Bell)
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UPDATE 1-Short bets on dollar drop to nine-month low - Yahoo Finance
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