(Reuters) Hamstrung by a renewed slump in volatility and lack of clear market direction, FX and bond speculators are making historically big bets on a lower dollar and higher yields. It’s an increasingly desperate gamble, particularly on the dollar. Major exchange rates have been constrained within ever-narrowing ranges in recent weeks, and hedge funds’ record bet on the euro simply isn’t paying off.
Hedge funds make historic and increasingly desperate FX, bond bets
This entry was posted in Syndicated. Bookmark the permalink.
