FlowBank

1101 days ago • Posted by William Ramstein

Hedge funds are turning bullish on US Dollar now

Long positions rose 2,414 contracts compared with shorts of 62,781 last week. They added bearish bets on the yen and euro and switched from bullish positions on the New Zealand dollar. The dollar has been rising with U.S. Treasury yields as traders ramp up inflation and recovery wagers.

Source: Bloomberg

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