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UPDATE 1-Speculators cut net long dollar bets to lowest in more than a year -CFTC, Reuters

Speculators' net long dollar position fell to its lowest in more than a year, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $13.327 billion in the week ended Aug. 20, compared with $16.7 billion in the previous week. This week's net long dollar position was the smallest since early July 20

US STOCKS SNAPSHOT-Wall St drops 1% after Trump's China salvo

Wall Street's three main indexes lost about 1% on Friday after President Donald Trump said U.S. companies should "immediately start looking for an alternative to China" after Beijing officials earlier retaliated by imposing tariffs on U.S. goods.

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