NEW YORK, July 11 (Reuters) - Currency speculators
decreased their bets against the dollar but are still
positioned for further declines in the U.S. currency, weekly
data from the Commodity Futures Trading Commission showed on
Friday.

Speculators were net short the dollar to the amount of
$7.85 billion in the week ended July 8, from a $11.78 billion
net short position in the prior week.

The aggregate U.S. dollar position is derived from the net
positions of International Monetary Market speculators in yen,
euro, British pound, Swiss franc, Canadian and Australian
dollars.

JAPANESE YEN (Contracts of 12,500,000 yen)

7/08/08 week 7/01/08 week

Long 40,519 45,189

Short 35,194 29,184

Net 5,325 16,005

EURO (Contracts of 125,000 euros)

7/08/08 week 7/01/08 week

Long 81,210 88,162

Short 57,203 60,479

Net 24,007 27,683

POUND STERLING (Contracts of 62,500 pounds sterling)

7/08/08 week 7/01/08 week

Long 31,256 38,184

Short 39,554 40,815

Net -8,298 -2,631

SWISS FRANC (Contracts of 125,000 Swiss francs)

7/08/08 week 7/01/08 week

Long 18,085 26,040

Short 22,782 19,433

Net -4,697 6,607

CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars)

7/08/08 week 7/01/08 week

Long 30,183 24,732

Short 36,135 34,522

Net -5,952 -9,790

AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars)

7/08/08 week 7/01/08 week

Long 59,766 60,912

Short 10,460 9,503

Net 49,306 51,409
(Editing by Editing by Dan Grebler)