Hedge funds have increased bearish bets on the New Zealand dollar to the highest level in almost two decades, even as the currency has strengthened following a more hawkish stance from the Reserve Bank of New Zealand (RBNZ), according to a report by Bloomberg.
Latest Commodity Futures Trading Commission (CFTC) data shows leveraged funds expanded their net short positions by 1,907 contracts to 29,582 in the week ended 14 July, marking the largest net short position on record in data stretching ba...
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