In fact, the decline was triggered by demand for the dollar from speculators trying to cover large short positions in that currency.

事实上，此次韩元的走弱是由投机者对美元的需求而引发的，他们需要大量美元进行补仓。

youdao

Once we have identified this trend, we initiate new positions in a currency pair from that side only.

只要我们认定了这种趋势，我们倡导新位置在一个货币对只从那边。

youdao

We can burn the currency speculator, but the investor in need of cash to cover positions elsewhere has turned to our highly-liquid market to find it.

我们当然可以使货币投机者碰个焦头烂额，但需要现金在其他地方补仓的投资者，已经转向本港这个资金流动性十分高的市场，寻找资金。

youdao

This is likely to discourage foreign traders, who may worry about taking positions in a currency that is more volatile than many.

ECONOMIST: The spiciest futures of all

The single currency looks to have room for further upside movement as the short positions in EUR remain significant and the recent upwind of further bets against the currency could push the EUR outright higher.

FORBES: Euro Has Upside Here, But Beware The Tricks Of The Season

In effect, they left the currency board from positions of strength.

ECONOMIST: The great escape