It’s a tough time to be holding onto a short position, and not just for equity investors caught out by Reddit-fueled price surges. In the currency market, one of the big consensus calls for 2021 has had a rough January, with the U.S. dollar defying expectations for it to extend its decline -- at least for now. The Bloomberg dollar index, which measures the greenback against a basket of major peers, is up 0.8% since the end of 2020 and is on course for only its second monthly gain since the coronavirus pandemic rocked markets back in March. That may cause some pain for traders betting the other way, although ... (full story)