(Bloomberg) A hedge fund at Sweden’s SEB AB that delivered a return of more than 16 percent in 2017 is betting that the rise of the euro will continue. “We’re most optimistic on the Australian dollar, the New Zealand dollar and the euro,” Hans-Olov Bornemann, head of SEB’s global quant team, said on Monday. “We’re most bearish on the British pound and the U.S. dollar. We believe that these two currencies will weaken against basically all other currencies.
This Hedge Fund Thinks the Euro’s Rise Will Keep Going
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