NEW YORK Oct 7 Speculators lifted favorable
bets on the U.S. dollar for a second straight week, with net
longs hitting their highest in roughly two months, according to
Reuters calculations and data from the Commodity Futures Trading
Commission released on Friday.
The value of the dollar's net long position rose to $10.52
billion in the week ended Oct 4, from $9.71 billion the previous
Sterling net short positions, meanwhile, hit another record
high of 97,572 contracts, data showed.
(Reporting by Gertrude Chavez-Dreyfuss; Editing by Meredith