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(Adds a table, details, comments, a byline, a bitcoin term) By Gertrude Chavez-Dreyfuss NEW YORK, July 13 (Reuters) - Speculators have increased their long net The US dollar is betting this week at its highest level since March last year, according to the calculations of Reuters and Commodity Data from the Futures Trading Commission was released on Friday. The value of the net position in long dollars was $ 16.41 billion week ended July 10, up from $ 13.16 billion the week. Speculators were net long dollars for a fourth straight week, after being net short for 48 consecutive weeks. The positioning of the US dollar was derived from the net contracts of Speculators of the international money market in yen, euro, British Pound, Swiss Franc and Canadian and Australian Dollars. In a broader measure of the positioning of the dollar than includes net contracts on the New Zealand dollar, the Mexican peso, The Brazilian real and the Russian ruble, the US dollar posted a net long position of $ 17.94 billion during the week of July 10, net effects of $ 15.30 billion a week earlier. The dollar continued to outperform other currencies, supported by expectations of rising interest rates and global trade tension, the United States being considered to have the upper hand the event of a total trade war with its economic partners. Since touching a three-year low against a basket of six major currencies in February, the dollar gained nearly 8 percent. US inflation is likely to climb faster due to high inflation. a increase in the price of goods resulting from higher fees imports. Fawad Razaqzada, Technical Analyst, at FOREX.com in London this higher inflation could prompt the Federal Reserve to tighten its monetary policy more aggressive or at least cement expectations on two additional rate hikes before the end of l & # 39; year .. This should push the dollar even higher, he added, already lifted for the last three months. In the cryptocurrency market, the net of speculators short position on bitcoin Cboe futures fell to 1,455 contracts net shorts of 1.501 the previous week the data shown. Bitcoin Friday dropped 0.9 percent to $ 6,182.14 on the Bitstamp platform. Increased global regulatory oversight led by the United States The Securities and Exchange Commission has reduced the interest in cryptocurrencies. So far, in 2018, bitcoin has dropped 55.4%, after up more than 1300 percent last year. "Rising prices are really needed to catalyze more Said Thomas Lee, Managing Partner at Fundstrat Global Advisors, in a research note. "The fact that BTC (Bitcoin) has dropped 30 percent below its 200-day moving average and the fact that it is 65 percent of its highs is suggestive that the techniques will soon improve. " Japanese Yen (Contracts of 12,500,000 yen) $ 4.4486 billion 10 Jul 2018 Previous week the week Long 60 563 49 990 Short 100 395 88 720 Net -39 832 -38 730 EURO (Contracts of 125,000 euros) -3,575 billion dollars 10 Jul 2018 Previous week the week Long 179 401 189 005 Short 155 044 152 258 Net 24,357 36,747 STERLING BOOK (Contracts of 62,500 pounds sterling) 3,352 billion dollars 10 Jul 2018 Previous week the week Long 32 043 43 775 Court 72 446 72 556 Net -40 403 -28 781 SWISS FRANC (Contracts of 125,000 Swiss francs) $ 5.057 billion 10 Jul 2018 Previous week the week Long 8 308 9 599 short Net -40 121 -40 to 494 CANADIAN DOLLAR (Contracts of C $ 100,000) $ 4.034 billion 10 Jul 2018 Previous week the week Long 26,586 26,934 Court 79 473 76 382 Net -52 887 -49 448 AUSTRALIAN DOLLAR (Contracts of A $ 100,000) $ 3.056 billion 10 Jul 2018 Previous week the week Long 30 112 35 061 short Net -40 973 -39 230 MEXICAN PESO (Contracts of 500,000 pesos) -0.743 billion dollars 10 Jul 2018 Previous week the week Long Court 38,353 54,900 Net 28,132 5,915 NEW ZEALAND DOLLAR (Contracts of NZ $ 100,000) $ 1.817 billion 10 Jul 2018 Previous week the week Long 13 170 14 522 Short 39 744 40 926 Net -26 574 -26 to 404 (Report by Gertrude Chavez-Dreyfuss, edited by Diane Craft)
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