At the start of this month, data from CFTC showed that large speculators were slashing their long bets in the USD. The net long in USD hit the lowest level in two years signalling continued reversal of bullish sentiment among speculators. So far this year has been turbulent for the hedge fund industry where the HFRX Global Hedge Fund Index is down 1.3% for the year. Data from Hedge Fund Research said that the first quarter saw outflows of $15.1 billion, the highest since 2009. The global macro hedge funds took a hit of $7.3 billion between January and March....