Finance
Yuan Rally Bets Fade as Options Traders Turn Bullish on Dollar
📋 Article Summary
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Bullish bets on the Chinese yuan are fading, with options traders unwinding one of the year’s most crowded trades after the Federal Reserve’s hawkish pivot. Bullish bets on the Chinese yuan are fading, with options traders unwinding one of the year’s most crowded trades after the Federal Reserve’s hawkish pivot.
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