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Rouble extends gains on rallying oil prices, rates "Against that backdrop, Russia is one of the few assets, in either developed or developing markets, which offers investors a haven or a hedge against increasing extensive uncertainties," Chris Weafer, strategist at UralSib in Moscow said in a note. |
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FOREX: Large Currency Speculators add to Euro positions, trim Dollar shorts Non-commercial futures positions, those charmed by hedge funds and large speculators, were overall net short the US dollar by $23.2 billion against other chief currencies as of the February 22nd data release. This is a decrease from a out-and-out short |
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Forex Futures and Options Warn of GBPUSD Turnaround It seems that many extend to bet on and hedge against USDCAD strength. Such a shift warns that the pair may have set an formidable low through fairly recent trade. FX Futures positioning shows that Non-commercial traders recently hit the most net-lengthy |