Traders Stay Net Short the U.S. Dollar, Say FX Forecasters Clinging to Bearish Views
Currency strategists remain largely unconvinced that the U.S. dollar’s weakness is over, even as investors trim bets on rapid Federal Reserve rate cuts. A new global survey of major foreign-exchange forecasters shows traders continuing to hold net short positions against the greenback, suggesting the market still expects more softness ahead. The poll, completed between October […]