Hedge Funds Boost Bets on Euro Weakness as French Risks Increase
Hedge funds are loading up on options that will profit if the euro weakens against the dollar as political and fiscal risks mount in France.
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3 matching records found
Hedge funds are loading up on options that will profit if the euro weakens against the dollar as political and fiscal risks mount in France.
The euro fell to its weakest level in 16 months as expectations that the Federal Reserve will further boost interest rates supports the US dollar.
The euro fell to its lowest in nearly two months versus the dollar, as options traders stepped up bets on further weakness following the Federal Reserve’s latest interest-rate increase.
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