Hedge Funds Have Largest Short Position Against Euro Ever

Based on data reported to the CFTC, Societe Generale has released its latest monthly hedge fund report that examines what speculators are buying and selling across various asset classes. SocGen's research indicates that hedge funds have again turned to sellers of U.S. equities, but on a smaller level than before. This is something we saw last week when we noted hedge funds had their lowest net long position in equities since May 2009......More detail