(Forex News) Investors Bet Persian Gulf Will Loosen Dollar Pegs - Wall Street Journal- Forex Trading

Hedge funds and other investors made bundles of money in the 1990s betting currency pegs around the world would break. Among the prime targets are Persian Gulf nations that link their currencies to the U. That is putting pressure on policy makers to allow their currencies to strengthen, something they have said they have no plans to do. But some investors are so keen on these economies that they think the currencies . read more

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