NEW YORK, July 25 (Reuters) - Currency speculators halved
their bets against the U.S. dollar, according to the latest
weekly data from the Commodity Futures Trading Commission
showed on Friday.

The value of the U.S. dollar's net short position dropped
to $9.66 billion in the week to July 22, from $20.01 billion
the previous week.

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

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

7/22/08 week 7/15/08 week

Long 48,433 77,600

Short 37,909 27,495

Net 10,524 50,105

EURO (Contracts of 125,000 euros)

7/22/08 week 7/15/08 week

Long 70,588 85,052

Short 66,517 62,003

Net 4,071 23,049

POUND STERLING (Contracts of 62,500 pounds sterling)

7/22/08 week 7/15/08 week

Long 48,513 50,345

Short 45,191 43,922

Net 3,322 6,423

SWISS FRANC (Contracts of 125,000 Swiss francs)

7/22/08 week 7/15/08 week

Long 17,900 32,874

Short 19,566 17,830

Net -1,666 15,044

CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars)

7/22/08 week 7/15/08 week

Long 43,572 39,972

Short 21,683 27,113

Net 21,889 12,859

AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars)

7/22/08 week 7/15/08 week

Long 67,105 69,126

Short 13,517 13,058

Net 53,588 56,068
(Reporting by Lucia Mutikani; editing by Gary Crosse)