Hedge Funds Pivot to Bearish Dollar Bets as Peace Hopes Build

Hedge funds are increasingly downbeat on the dollar as the prospect of renewed US-Iran talks and a possible peace deal have seen the greenback unwind almost all its war-driven strength.

By George Lei, David Finnerty · Bloomberg Markets

Hedge funds are increasingly downbeat on the dollar as the prospect of renewed US-Iran talks and a possible peace deal have seen the greenback unwind almost all its war-driven strength.