Hedge Funds
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Hedge funds may have picked a bad time to add to bets against Australia’s dollar, this month’s best-performing major currency. Commodity Futures Trading Commission data showed large speculators increased positions wagering on Aussie declines by 83 percent in the space of three weeks to a net 66,464 contracts as of Nov. 17. That’s the most since a record short bet on March 10, when bears were caught on the wrong side of...