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Currency funds on worst streak in three years
Traders fail to capitalise on volatility that's surged to the highest level since 2011
Published Fri, Jul 1, 2016 · 09:50 PM
New York
IT was another rough month for currency-focused hedge funds.
A gauge of returns in the US$5.3 trillion a day foreign exchange market extended its longest losing streak in almost three years as traders failed to capitalise on volatility that's surged to the highest since 2011.
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