(Bloomberg) Hedge funds and other large speculators boosted net positions that profit from dollar appreciation after the Federal Reserve raised interest rates for the first time since 2006.
Bets on further gains by the dollar versus eight major peers outweighed those on a slump by a net 349,144 contracts in the week through Dec. 22, data from the Commodity Futures Trading Commission released Monday show. That’s up from 322,224 contracts a week earlier.
