ABU DHABI / WAM ADGM, the international financial centre of Abu Dhabi, is entering its …
Read More »Shorting dollar is gaining favour after Fed’s pivot
BLOOMBERG Betting against the dollar is growing in popularity after the Federal Reserve upended markets by signalling the end of its monetary tightening campaign. Non-commercial traders — a group that includes hedge funds, asset managers and other speculative market players — boosted their bearish bets on the greenback, according to CFTC data compiled by Bloomberg. More than 39,000 contracts are …
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