June 14 (Reuters) - Speculators reduced their bullish bets on the U.S. dollar in the latest week, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.
The value of the dollar’s net long position, derived from net positions of International Monetary Market speculators in the yen, euro, British pound, Swiss franc and Canadian and Australian dollars, fell to $31.05 billion in the week ending June 11. That is the smallest long position since the week to March 26.
It compares with a net long position of $33.32 billion the previous week. (Reporting by Karen Brettell in New York Editing by James Dalgleish)