US mutual funds and exchange-traded funds went into April’s tariff turmoil holding the very best internet lengthy US greenback place in recent times.
In accordance with FX Markets’ Counterparty Radar knowledge, mutual funds’ internet lengthy USD notional place, by way of international change forwards, stood at $455.7 billion by the top of the primary quarter, the very best lengthy USD place held by asset managers since 2020.
Lengthy US greenback ahead positions towards G10 currencies totalled $689 billion, a rise of 10% from the top
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