The U.S. dollar has faced renewed pressure in recent weeks—although it has recovered some of those losses heading into Jackson Hole—and derivatives markets are flashing warning signs that some traders expect further weakness.
An approximate 1,144% surge in call option volume for the Invesco DB U.S. Dollar Index Bearish Fund (NYSEARCA: UDN) signals unusually aggressive interest in bearish-dollar exposure as the Jackson Hole Economic Policy Symposium gets underway.
