Currency Traders Pile Into Dollar Call Options After Hawkish Fed (opens original article in a new tab)

Currency traders, including hedge funds, are increasing their bets on the dollar's strength following the Federal Reserve's hawkish policy decision, which raised expectations for higher US interest rates.

• Currency traders are buying dollar call options.
• Hedge funds are increasing their bets on the dollar's strength.
• The Fed's hawkish policy raised expectations for higher US interest rates.