INSIGHT-Dollar bulls back off amid concern Fed will delay hike

April 9, 2015 5:00 AM

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BOSTON, April 9 (Reuters) - Some of the biggest dollar bulls in the global bond fund sector have reversed course in recent weeks, cutting exposure to the greenback amid concern the U.S. Federal Reserve will delay a widely-anticipated interest rate hike.

The shift comes as the dollar's rally to 12-year highs shows signs of flagging, hurt by soft U.S. economic data and efforts by European central banks to stimulate their own economies, fund managers and analysts said.

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