Firms Shrink Currency Hedges as US Market Turmoil Fades

Unsure about the outlook for trade and monetary policy, companies in the US and the UK slashed their currency hedges in the third quarter after boosting them to a record...

By Carter Johnson · Bloomberg Markets

Unsure about the outlook for trade and monetary policy, companies in the US and the UK slashed their currency hedges in the third quarter after boosting them to a record earlier this year.