Hedge Funds Boost Aussie Long Positions as RBA Keeps Tightening
Leveraged money managers lifted their bullish bets on the Australian dollar to the highest level in over eight years, wagering that projected gains in bond yields will cushion near-term volatility.
By Michael G Wilson · Bloomberg Markets
Leveraged money managers lifted their bullish bets on the Australian dollar to the highest level in over eight years, wagering that projected gains in bond yields will cushion near-term volatility.