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Hedge funds cut long positions in U.S. crude for third week: CFTC

May 12, 2017 (Reuters) – Hedge funds and money managers cut bullish bets on U.S. crude for the third straight week, as the oil market remained volatile over concerns about rising output and the effectiveness of OPEC supply cuts. The speculator group cut its combined futures and options position in New York and London by 31,037 contracts to 194,021 during the week to May 9, the U.S. Commodity Futures Trading Commission (CFTC) said on Friday. That represented the smallest long position in crude futures since November. U.S. oil futures on…

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U.S. dollar net longs fall to five-week low: CFTC, Reuters data

April 7, 2017 By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Speculators further reduced bullish bets on the U.S. dollar, pushing net longs to their lowest level since late February, according to Commodity Futures Trading Commission data released on Friday and calculations by Reuters. The value of the dollar’s net long position totaled $14.67 billion in the week ended April 4, down from $15.27 billion the previous week. Investors have reduced long dollar bets for a second straight week and Friday’s net long dollar positioning was a five-week low. It has…

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