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Posted on: Sept. 19, 2016, 5:40 p.m.
Hedge funds and money managers trimmed net bearish positions on pound futures for the third week, missing out as the currency fell 2 percent this week. Bets that sterling would fall outnumbered bullish wagers by 82,821 in the week to Sept. 13, a decline of almost 8 percent from a week earlier, according to data from the U.S. Commodity Futures Trading Commission. The U.K. currency dropped after the Bank of England signaled Sept.... Full investment news article