new york jan 21 reuters  speculators net long positioning on the us dollar dropped in the latest week to its lowest level since midseptember 2021 according to calculations by reuters and us commodity futures trading commission data released on friday the value of the net long dollar position fell to 1259 billion for the week ended jan 18 from 1934 billion the previous week scotiabank in its report after the release of the cftc data said this was one of the largest weekly declines in long dollar positioning since mid2020 us dollar positioning was derived from net contracts of international monetary market speculators in the japanese yen euro british pound swiss franc as well as canadian and australian dollars in a wider measure of dollar positioning  which includes net contracts on the new zealand dollar mexican peso brazilian real and russian rouble the greenback posted a net long position of 13028 billion this week from 19906 billion in the prior week investors were gripped with a sudden and perhaps shortlived given subsequent developments burst of enthusiasm for the euro last week as spot euro showed some fleeting strength and tested levels near 115 said shaun osborne scotias chief fx strategist in the report data showed euro net longs rose to 24584 contracts this week from 6005 the previous week in the case of the dollar higher treasury yields have not boosted the greenback as much with many investors taking the view that most of the recent hawkishness from the federal reserve has already been priced in so far this year the dollar index has been flat even though us 10year treasury yields have risen 20 basis points the benchmark yield was last at 17705  in cryptocurrencies bitcoin futures net short positions dropped to 549 contracts this week from 377 the previous week the latter was the smallest net short since late september bitcoin and crypto sentiment overall has been fragile for most of the month as investors moved away from riskier assets ahead of federal reserve meeting next week which is expected to flag an interest rate increase in march the worlds largest digital currency has also been affected by news that russia has proposed a ban on the use and mining of cryptocurrencies read more bitcoin was last down 10 at 36660  after earlier dropping to a sixmonth low since the beginning of the year bitcoin has lost 20 of its value versus the dollar new zealand dollar contracts of 100000 new zealand dollars reporting by gertrude chavezdreyfuss editing by chris reese and david gregorio