NEW YORK, April 5 (Reuters) - Currency speculators' bets in favor of the U.S. dollar swelled to their highest level in nine months in the latest week, according to data from the Commodity Futures Trading Commision released on Friday.
The value of the dollar's net long position rose to $26.3 billion in the week ended April 2, just shy of that seen in the week ending July 17, 2012, according to Reuters calculations.
To be long is a view its value will rise while being short a currency is to bet it will decline in value.
The Reuters calculation for the aggregate U.S. dollar position is derived from net positions of International Monetary Market speculators in the yen, euro, British pound, Swiss franc, Canadian and Australian dollars.
(Reporting by Steven C. Johnson) Keywords: MARKETS FOREX/IMM
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