UPDATE 1-U.S. dollar positioning turns net short for first time since July 2021 -CFTC, Reuters data

(Adds details, bitcoin futures contracts, table) NEW YORK, Nov 18 (Reuters) – The U.S. dollar’s net positioning turned net short in the latest week for the first time since mid-July 2021, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net short dollar position amounted to $10.5 million in the week ended Nov. 15, from net longs of $2.36 billion in the previous week. Investors have turned bearish on the dollar after a tamer-than-expected U.S. inflation report for October that came out on Nov. 10, supporting expectations that the Federal Reserve could slow its tightening pace. That report was the strongest indication yet that inflation may be turning the corner, some analysts said. For the month of November, the dollar has so far fallen 4%, on pace for its largest monthly decline since September 2010. The euro’s net long position, meanwhile, rose to 112,666…

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