IMM speculators cut dollar short for third week

Currency speculators trimmed bets against the dollar for the third straight week, data from the Commodity Futures Trading Commission showed on Friday. The value of the net short position in the US dollar in the week to November 27 slipped to $27.1 billion, from $28.37 billion the prior week, and further away from the year's high hit earlier this month at $32.54 billion.
The aggregate US dollar position is derived from the net positions of Chicago Mercantile Exchange International Monetary Market speculators in yen, euro, British pound, Swiss franc, Canadian and Australian dollars.