Column: Funds start 2023 short dollars, eyeing U.S. rate peak: McGeever
Written by Black Hot Fire Network on January 9, 2023
ORLANDO, Fla., Jan 8 (Reuters) - Hedge funds have started 2023 betting that U.S. interest rates are close to peaking, that the Federal Reserve will keep them higher for longer and that the dollar will weaken slightly.
Judging by the economic data, financial market swings and talk from U.S. policymakers in the first week of the year, this would appear . . .