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Currency speculators are warming up to the dollar

Posted on 08 March 2016

Hedge funds and other currency speculators are adding to bets that the dollar will rise against its main rivals, suggesting that the U.S. currency’s renewed bout of strength may continue.
After five weeks of consecutive declines, speculators added $1.6 billion to long-dollar positions via currency futures during the week ended last Tuesday, according to the Commodity Futures Trading Commission’s latest commitments-of-traders report released Friday afternoon………………………………………..Full Article: Source


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