Hedge Funds Trim Bullish Bets as Russian Ruble Swings With OilBy
Funds pared their net long ruble wagers first time in 6 weeks
Growing Fed December rate liftoff bets pose risks to currency
Hedge funds trimmed bets for the ruble to appreciate for the first time in six weeks as swinging oil prices and the prospect for higher U.S. interest rates threaten to exacerbate the Russian currency’s losses.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.