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0 -0.00151690907468548 -0.00151690907468548 -0.00151690907468548 -0.00214151869367368 -0.000178459891139431 -0.000624609618988198 0.00303381814937083
Stock impact report

Dollar surges to 5-month highs as hedge funds cut short bets [Reuters]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Reuters
Dollar surges to five-month highs as hedge funds cut short bets | Reuters 4 Min Read LONDON (Reuters) - The dollar rallied to a five-month high on Monday as relief over the fading risks of an outbreak in China-U.S. trade war prompted investors to cut their short positions against the greenback. Market players cut their dollar short positions for the fourth consecutive week, reducing the net outstanding short positions to its lowest since the start of the year, latest positioning data for the week ending May 15 showed. “While the dollar is trading near the upper end of its recent trading ranges, the rally may have further room to run given the extent of short positions in the market,” State Street Global Advisors head of macro strategy Timothy Graf said. The overall size of short dollar positions has fallen to about $11 billion from a near seven-year high of nearly $28 billion in late April as hedge funds rushed to cover their short positions, sending the dollar surging. Against a bask Show less Read more
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