U.S. dollar net longs highest in nearly 4 months - CFTC

New York (June 13)  Speculators increased bullish bets on the U.S. dollar in the latest week to their highest in nearly four months, according to data from the Commodity Futures Trading Commission released on Friday.

The value of the dollar's net long position rose to $15.95 billion in the week ended June 10, from $11.39 billion the previous week.

This week's long dollar position was the highest since the week of February 18. Speculators have been net long dollars for a fifth straight week, data show.

To be long a currency is a view it will rise, while being short is a bet its value will decline.

Short-term investors increased short bets on the euro to 57,185 contracts, from last week's 33,025 contracts after the European Central Bank announced stimulus measures last Thursday to lift a sluggish euro zone economy.
The Reuters calculation for the aggregate U.S. dollar position is derived from net positions of International Monetary
Market speculators in the yen, euro, sterling, Swiss franc and Canadian and Australian dollars.