πŸ“ˆ Hedge funds bet on dollar rise
12 October 2021

πŸ“ˆ Hedge funds bet on dollar rise

πŸ”Ί Hedge funds continue to ramp up bets on a stronger dollar against key global currencies. This is because the US Federal Reserve is set to start raising interest rates next year.

😯 The net speculative position in the dollar reached 13.9% since 2019.

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The only currency on which hedge funds maintain a long position remains the New Zealand dollar. It could benefit from increased demand for coal in China.