Dollar Gains from Rivals' Trouble May Lack Staying Power
A rebound in the dollar over the past month is unlikely to last given it was largely due to repositioning over temporary factors including the disruption of U.S. economic data due to the U.S. government shutdown and upheaval in the governments of rival currencies.
The greenback has climbed about 3% against a basket of currencies since mid-September, recovering from more than three-year lows after falling nearly 11% earlier this year.
Speculators' net short bets on the dollar fell to $9.86 billion from a...
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