Hedge funds worldwide look to be favoring the dollar in the option market as they bet that the currency’s rebound versus most major peers will extend into year-end. Funds in Europe and Asia have ramped up option trades this week based on the view that currencies such as the euro and yen will weaken against the dollar, according to traders. Bearish option trades on the euro versus the dollar expiring by December saw three times more trading volumes than bullish ones on Wednesday, data from the Chicago Mer ...