Hedge funds increased their bets against the dollar to a massive $28.6bn
The FX market is near $4 trillion a day. And 85% or so of that $4 trillion involves (at one or other end of the transaction) the USD.
$30 billion as a total outstanding short position?
We\’ve a $3,400,000,000,000 a day market and some group is $30,000,000,000 short as a total position?
0.9 % of the market is short?
Oh my Giddy Aunt, call in the regulators!