The dollar’s recent strength has confounded naysayers, and according to some hedge funds, the rally isn’t over. K2 Asset Management says the greenback will continue to charge higher as US interest rates remain elevated while AVM Capital expects rising Treasury yields to boost the currency. Alternative asset manager Clocktower Group sees further gains for the dollar if China’s stimulus continues to disappoint. “It does look too risky to short the dollar,” said George Boubouras, head of research at K2, who sees the greenback advancing against the Australian dollar and other currencies that are sensitive to risk ... (full story)