As the “Trump trade” returns to make fear of geopolitical upheaval great again, global hedge funds are racing to short China’s yuan currency. They are betting that Trump’s planned mix of tax and trade policies will send the dollar higher if he’s elected and that China might seek a more competitive exchange rate as domestic […]
Now’s not the time to short the yuan
Hedge funds risk big losses on growing bets that China’s currency will slide if Trump is elected in November
