20.01.2014 - What are hedge funds’ top five currency bets for 2014?
From Reuters over the weekend, a guide to the top 5 currency bets this coming year. Nothing of much surprise in the list. Here are five top bets that hedge funds are pursuing for 2014: 1. Long USD/JPY: “The whole driver (this year) is going to be yen. If you’re only a USD guy and you’re … only in euro/dollar, you’re going to get a whole lot of nothing,” said Aaron Smith, managing director at currency hedge fund firm Pecora Capital, who said the yen was his heaviest weighted currency pair...............................................Full Article: Source
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