UPDATE 1-Speculators' net long bets on U.S. dollar rose in latest week -CFTC, Reuters

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(Adds table, details, background) By Saqib Iqbal Ahmed NEW YORK, June 24 (Reuters) - Speculators' net long bets on the U.S. dollar rose in the latest week, 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 $15.69 billion for the week ended June 21. Last week, speculators' net long position stood at $14.17 billion. U.S. dollar positioning was derived from net contracts of International Monetary Market speculators in the Japanese yen, euro, British pound, Swiss franc, and Canadian and Australian dollars. In a wider measure of dollar positioning that includes net contracts on the New Zealand dollar, Mexican peso, Brazilian real and Russian rouble, the greenback posted a net long position of $15.50 billion, up from $14.31 billion a week earlier. The U.S. dollar has risen 9% against a basket of currencies this year, helped by a hawkish Federal Reserve and heightened geopolitical tensions that have boosted the greenback's safe-haven appeal. On Friday, the dollar slipped as traders dialed down bets on where interest rates may peak and brought forward their views on the timing of interest rate cuts to counter a possible recession. JAPANESE YEN (Contracts of 12,500,000 yen) $5.349 billion 21 Jun 2022 Prior week week Long 35,864 32,441 Short 94,318 102,196 Net -58,454 -69,755 EURO (Contracts of 125,000 euros) $2.053 billion 21 Jun 2022 Prior week week Long 195,554 206,986 Short 211,159 213,004 Net -15,605 -6,018 POUND STERLING (Contracts of 62,500 pounds sterling) $4.851 billion 21 Jun 2022 Prior week week Long 28,470 29,343 Short 91,717 94,939 Net -63,247 -65,596 SWISS FRANC (Contracts of 125,000 Swiss francs) $0.926 billion 21 Jun 2022 Prior week week Long 3,068 4,291 Short 10,225 11,099 Net -7,157 -6,808 CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars) $-0.318 billion 21 Jun 2022 Prior week week Long 42,260 56,550 Short 38,155 33,348 Net 4,105 23,202 AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars) $2.83 billion 21 Jun 2022 Prior week week Long 31,745 31,660 Short 72,351 74,914 Net -40,606 -43,254 MEXICAN PESO (Contracts of 500,000 pesos) $0.668 billion 21 Jun 2022 Prior week week Long 96,147 114,093 Short 123,017 140,474 Net -26,870 -26,381 NEW ZEALAND DOLLAR (Contracts of 100,000 New Zealand dollars) $0.343 billion 21 Jun 2022 Prior week week Long 14,652 14,894 Short 20,075 21,732 Net -5,423 -6,838 (Reporting by Saqib Iqbal Ahmed; Editing by Leslie Adler and David Gregorio)

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