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UPDATE 1-Speculators cut bearish dollar bets in latest week -CFTC, Reuters

Speculators reduced their negative bets on the U.S. dollar this week to $8.84 billion from $10.23 billion last week, data from the Commodity Futures Trading Commission compiled by Reuters showed. The value of net negative contracts against the greenback had increased for the past seven weeks until the week ending Aug. 15, data showed, when net short bets had reached their highest since January 2013. The reduction of dollar sh