Global investors slash dollar-hedging ratio to lowest since 2014
· thehindubusinessline.com
Typically, the dollar is a haven during times of crisis or market tumult, such as when US stocks tumble. But there have been episodes since last year when the currency sold off along with shares
Global investors in US stocks and bonds dropped protection against dollar declines to the lowest since 2014 as expected monetary-policy tightening from the Fede...