JPMorgan Sees Jump in Currency Hedging Adding to Dollar Pressure
Foreign investors are likely to increase hedging against currency risk on their dollar-denominated holdings, adding to pressures weighing on the greenback, according to JPMorgan strategists.
By Anya Andrianova · Bloomberg Markets
Foreign investors are likely to increase hedging against currency risk on their dollar-denominated holdings, adding to pressures weighing on the greenback, according to JPMorgan strategists.