{"id":47643,"date":"2015-04-22T07:46:40","date_gmt":"2015-04-22T11:46:40","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=47643"},"modified":"2015-04-22T07:46:40","modified_gmt":"2015-04-22T11:46:40","slug":"hedge-fund-that-made-18-on-dollar-strength-now-bets-on-drop","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2015\/hedge-fund-that-made-18-on-dollar-strength-now-bets-on-drop.html","title":{"rendered":"Hedge Fund That Made 18% on Dollar Strength Now Bets on Drop"},"content":{"rendered":"<p>Bloomberg &#8211; Charlie Chan, a former Credit Suisse Group AG proprietary trader who now runs his own hedge fund, reduced bets the dollar will strengthen and added trades that would profit from a decline.<\/p>\n<p>Chan said he trimmed his fund\u2019s long dollar position versus the yen last week after the U.S. currency\u2019s rally stalled following gains of more than 10 percent in each of the past three years. He\u2019s now betting the greenback will weaken against Asian currencies including Singapore\u2019s dollar, South Korea\u2019s won and India\u2019s rupee, the founder of Singapore-based Charlie Chan Capital Partners said.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2015-04-22\/hedge-fund-that-made-18-return-on-dollar-gain-now-bets-on-drop\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Charlie Chan, a former Credit Suisse Group AG proprietary trader who now runs his own hedge fund, reduced bets the dollar will strengthen and added trades that would profit from a decline. Chan said he trimmed his fund\u2019s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-47643","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/47643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=47643"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/47643\/revisions"}],"predecessor-version":[{"id":47645,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/47643\/revisions\/47645"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=47643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=47643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=47643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}