Specs trim U.S. dollar bets; longs lowest since November-CFTC, Reuters

viernes 14 de marzo de 2014 16:02 GYT

March 14 (Reuters) - Speculators pared bullish bets on the
U.S. dollar for a fifth straight week, with net longs falling to
their lowest in more than four months, according to data from
the Commodity Futures Trading Commission released on Friday.
    The value of the dollar's net long position dropped to
$10.56 billion in the week ended March 11, from $11.60 billion
the previous week. That was the smallest net long on the dollar
since the week of Nov. 5.
    Last Friday's stronger-than-expected U.S. non-farm payrolls
report failed to lift sentiment on the greenback, which had
previously been undermined by a string of soft economic data.
    Overall, however, investors have maintained net long
positions on the dollar for 19 consecutive weeks. The last time
speculators were short the greenback was in late October 2013.
    The CFTC report also showed that there has been an influx
into the safe-haven Swiss franc over the last week, with
tensions between Russia and Ukraine escalating. Short-term
investors have quadrupled their bets on the Swiss currency from
last week's levels to 8,957 long contracts.
    The euro has proven resilient as well, notching longs of
36,385 contracts, from 23,452 the previous week.
    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): 
         March 11, 2014 week        Prior week
 Long                 15,726            20,407
 Short               115,082           100,116
 Net                 -99,356           -79,709
EURO (Contracts of 125,000 euros):
         March 11, 2014 week        Prior week
 Long                110,103           103,868
 Short                73,718            80,416
 Net                  36,385            23,452
POUND STERLING (Contracts of 62,500 pounds sterling):
         March 11, 2014 week       Prior week
 Long                 64,553           71,021
 Short                42,554           41,416
 Net                  21,999           29,605
SWISS FRANC (Contracts of 125,000 Swiss francs)
         March 11, 2014 week        Prior week
 Long                  23,097           21,818
 Short                 14,140           19,650
 Net                    8,957            2,168
CANADA DOLLAR (Contracts of 100,000 Canadian dollars):
         March 11, 2014 week       Prior week
 Long                 25,180           23,306
 Short                77,371           84,402
 Net                 -52,191          -61,096
AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars):
         March 11, 2014 week        Prior week
 Long                   8,627           12,262
 Short                 49,477           53,370
 Net                  -40,850          -41,108
MEXICO PESO (Contracts of 500,000 pesos):
         March 11, 2014 week        Prior week
 Long                  12,739            8,230
 Short                 20,986           28,980
 Net                   -8,247          -20,750
NEW ZEALAND DOLLAR (Contracts of 100,000 NZ dollars): 
         March 11, 2014 week       Prior week
 Long                 21,155           19,346
 Short                 6,706            5,914
 Net                  14,449           13,432