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U.S. dollar net longs rebound from five-week low: CFTC, Reuters data

(Add background, details, table) NEW YORK, April 14 (Reuters) - Speculators rebuilt their bullish bet on the U.S. dollar earlier this week, raising net longs from a five-week low, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.

Speculators had scaled back bullish dollar bets on doubts about U.S. President Donald Trump's ability to deliver on his pledges of tax cuts and infrastructure spending in the wake of his and the Republicans' failure to gather enough votes to enact healthcare reform last month.

The value of the dollar's net long position totaled $15.04 billion in the week ended April 11, up from $14.67 billion the previous week which was the lowest since Feb. 28.

It was unclear whether speculators pared their net longs in reaction to Trump's view in a Wall Street Journal interview published late Wednesday where he said the dollar was "getting too strong," which may hurt the economy.

The dollar index, which measures the greenback against six other currencies, eased nearly 0.7 percent this week as traders shifted out of dollar into the Japanese yen in a safe-haven move on geopolitical concerns about U.S. tensions with Syria, Russia and North Korea.

Speculative net shorts on the Japanese yen fell to 34,764 contracts, the fewest since Dec. 6.

The dollar recorded a 2.2 percent drop against the Japanese currency this week and reached its lowest level since Nov. 17 at 108.52 yen. It also broke below its 200-day moving average against the yen, which is a bearish technical sign for the greenback.

The Reuters calculation for the aggregate U.S. dollar position is derived from net positions of International Monetary speculators in the yen, euro, British pound, Swiss franc and Canadian and Australian dollars.

Japanese Yen (Contracts of 12,500,000 yen) Net $5.171 billion long April 11, 2017 Prior week week Long 43,316 41,313 Short 78,080 87,113 Net -34,764 -45,800 EURO (Contracts of 125,000 euros) Net $1.521 billion long April 11, 2017 Prior week week Long 173,594 155,468 Short 192,550 166,873 Net -18,956 -11,405 POUND STERLING (Contracts of 62,500 pounds sterling) Net $7.749 billion long April 11, 2017 Prior week week Long 31,871 30,741 Short 137,772 130,414 Net -105,901 -99,673 SWISS FRANC (Contracts of 125,000 Swiss francs) Net $1.725 billion long April 11, 2017 Prior week week Long 13,107 5,694 Short 23,235 19,519 Net -10,128 -13,825 CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars) Net $2.255 billion long April 11, 2017 Prior week week Long 31,432 38,535 Short 63,766 68,760 Net -32,334 -30,225 AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars) Net $3.751 billion short April 11, 2017 Prior week week Long 76,747 90,215 Short 31,596 40,622 Net 45,151 49,593 MEXICAN PESO (Contracts of 500,000 pesos) Net $0.257 billion long April 11, 2017 Prior week week Long 86,813 80,979 Short 99,488 90,667 Net -12,675 -9,688 NEW ZEALAND DOLLAR (Contracts of 100,000 New Zealand dollars) Net $1.026 billion long April 11, 2017 Prior week week Long 19,008 17,009 Short 34,161 31,733 Net -15,153 -14,724 (Reporting by Richard Leong; editing by Bill Trott, G Crosse)