(Reuters) - Banks more than doubled short dollar positions to $15.79
billion at the end of May, compared with $7.52 billion at the
end of April. The short positions were the biggest since the
central bank began compiling the data in 1994.
A short position on the dollar is a bet that the currency
will weaken.
Read more at Reuters.com Economic News
billion at the end of May, compared with $7.52 billion at the
end of April. The short positions were the biggest since the
central bank began compiling the data in 1994.
A short position on the dollar is a bet that the currency
will weaken.
Read more at Reuters.com Economic News
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