Hedge Funds Go Long the Euro, Sell Peso Positions – ValueWalk Premium

Hedge Funds Go Long the Euro, Sell Peso Positions

Hedge funds have used the last week to again exit their favorite crowded trades. While Reuters may think that hedge funds are still bullish on peso and are maintaining their longs, the holdings in CFTC futures says otherwise. Yet again leveraged funds are cutting their long bets in MXN—longs in peso futures and options . . .

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