Bearish dollar bets near decade high
Bearish dollar bets near decade high A combination of negative US real yields, extended valuations across American assets and a current account deficit that requires dollar depreciation to finance will likely weigh on the currency into next year, strategists at Goldman Sachs said. 1 min read . Updated: 29 Dec 2020, 10:38 AM IST Bloomberg Net short non-commercial positions in futures linked to the ICE U.S. Dollar Index have surged to the most since March 2011, according to the latest Commodity Futures Trading Commission data Share Via Speculative traders are ending the year doubling down on ...
Source: livemint.com