Hedge Funds continued to accumulate dollars during the week ending May 28 according to the latest data from the Commodity Futures Trading Commission. All but two of the eight IMM currency futures tracked in this report saw net-selling with the CHF and AUD the hardest hit. The JPY net-short, meanwhile, rose to its highest since 2007 as traders shrugged off equity weakness and the increased risk of a correction.
Click here to read the full report: FX CFTC_060313
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