Traders aggressively increased their net-long exposure to the US dollar index (DXY) ahead of last week’s FOMC meeting. Commitment of traders – as of Tuesday 21st June 2022: Traders were net-long the US dollar by $15.5 billion, according to the IMM (International Monetary Market). Large speculators were their most bullish on the US dollar index […]
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Cathie Wood, head of Ark Investment Management, often takes advantage of market swings. That’s what she just did, selling shares of a semiconductor stock after it jumped 25% in a week. Last year, Wood’s flagship Read more…