Hedge Funds Misread Fed With Added Bullish Dollar Bets

Corrected
  • Dollar bullish wagers jumped by a third in week to Sept. 20
  • Fed has scaled back outlook for rate increases in 2017

Hedge funds and other large speculators raised bullish dollar wagers to a seven-month high before the Federal Reserve scaled back the outlook for rate increases in 2017 at last week’s policy meeting.

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