Hedge Funds Stick to Their Misfiring FX Guns: McGeever

(Reuters) Struggling to make money amid ultra-low market volatility, misfiring hedge funds are sticking to their guns with their currency and bond bets on a weaker dollar, stronger UK pound and rising U.S. interest rates. The latest futures market positioning data from the Chicago Mercantile Exchange, however, suggests the two foreign exchange trades of that trio will be giving fund managers some sleepless nights.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply