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Hedge Fund Managed Futures

Hedge funds cut dollar exposure amid yen rally

hedgeweek

4 weeks ago

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Hedge funds and other investors have sharply reduced their bullish dollar positions as changing Federal Reserve rate expectations and a renewed yen rally weigh on the US currency, according to a report by Bloomberg.
The Bloomberg Dollar Spot Index is heading for a weekly decline of about 0.7% after falling to its lowest level since May on Thursday. Markets have scaled back expectations of a Federal Reserve rate increase at its 16 September meeting, with traders now assigning roughly even odds to...

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