Caution needed on taking US dollar shorts

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GLOBAL - Investors should be cautious in taking short positions on the US dollar despite signs the currency is becoming cheap against currencies such as the euro and the Australian dollar, State Street Global Advisors (SSgA) has warned.

SSgA global head of currency management Collin Crownover said weakness could continue in the near-term, although at a reduced pace, due to both the Federal Reserve's near-zero interest rate policy ...

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