Hedge Funds Bet Against Australian Dollar Amid Decline

Hedge funds boost short positions on the Australian dollar, as the currency weakens against the US dollar. Explore the impact on forex markets and investor strategies.

A visually appealing image of a fluctuating currency graph with the Australian and US dollar symbols
Hedge Funds Bet Against Australian Dollar Amid Decline

Hedge funds increased their short positions on the Australian dollar, with the currency weakening significantly against the US dollar.

Source