UPDATE 1-Speculators' net long USD bets grow, Sterling shorts shrink -CFTC, Reuters

(Adds details, table) NEW YORK, Sept 30 (Reuters) - Speculators' net long bets on the U.S. dollar edged higher in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $10.43 billion for the week ended Sept. 27, compared with a net long position of $10.23 billion last week. U.S. dollar positioning was derived from net contracts of International Monetary Market speculators in the Japanese yen, euro, British pound, Swiss franc, and Canadian and Australian dollars. CFTC data also showed speculators' net short bets on the British pound shrank to 46,424 contracts, down from a net short position of 54,843 contracts, a week ago. Sterling fell to a record low against the dollar on Monday, before recovering some ground to after the Bank of England said it would step in to calm the turbulence in the UK government bond market. Japanese yen net shorts increased slightly in the latest week to 82,556 contracts, up from 81,280 contracts, the largest short position since early June. Among the major currencies, the yen has struggled the most against the dollar as the Bank of Japan remains the only central bank that is not in a tightening mode. The yen is down 20.5% for the year. JAPANESE YEN (Contracts of 12,500,000 yen) 27 Sep 2022 Prior week week Long 22,706 34,767 Short 105,262 116,047 Net -82,556 -81,280 EURO (Contracts of 125,000 euros) 27 Sep 2022 Prior week week Long 208,736 206,564 Short 174,939 173,115 Net 33,797 33,449 POUND STERLING (Contracts of 62,500 pounds sterling) 27 Sep 2022 Prior week week Long 59,831 41,289 Short 106,255 96,132 Net -46,424 -54,843 SWISS FRANC (Contracts of 125,000 Swiss francs) 27 Sep 2022 Prior week week Long 7,681 8,167 Short 13,411 14,907 Net -5,730 -6,740 CANADIAN DOLLAR (Contracts of 100,000 Canadian dollars) 27 Sep 2022 Prior week week Long 33,677 47,913 Short 51,343 45,857 Net -17,666 2,056 AUSTRALIAN DOLLAR (Contracts of 100,000 Aussie dollars) 27 Sep 2022 Prior week week Long 39,006 38,797 Short 73,659 79,353 Net -34,653 -40,556 MEXICAN PESO (Contracts of 500,000 pesos) 27 Sep 2022 Prior week week Long 87,723 96,671 Short 129,045 124,704 Net -41,322 -28,033 NEW ZEALAND DOLLAR (Contracts of 100,000 New Zealand dollars) 27 Sep 2022 Prior week week Long 12,287 11,646 Short 23,758 24,235 Net -11,471 -12,589 (Reporting by Saqib Iqbal Ahmed; Editing by Richard Chang)