Hedge funds and other large speculators boosted net bullish bets on the dollar last week to the highest level since Dec. 29, 2015. The currency has climbed about 5 percent since Donald Trump’s election victory on speculation that the president-elect’s spending pledges will fuel inflation and prompt the Federal Reserve to tighten monetary policy. Wagers that the dollar will strengthen outnumbered bearish positions by 319,177 contracts in the week ended Jan. 3.
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