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Hedge funds' top five currency bets for 2014

From uk.reuters.com

Hedge funds think 2014 could be the year their currency bets finally pay off, after getting burned last year on trades ranging from the Australian dollar to the greenback. The influence of central banks and competition among nations to weaken their currencies to boost economic growth made 2013 a year to forget for many funds. The average macro currency fund was up just 0.42 percent in the 11 months to November, according to Hedge Fund Research. But many funds have recently pumped up their bets again in the belief that trends - which they can bet on - will reappear in currency markets as different countries' economic ... (full story)

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