Bloomberg: Fund Managers Piled Into Record Aussie Shorts at the Wrong Time
Category:Cross-Border
Updated:2024-03-11
鈥淥ffshore rather than domestic forces have been in the driver鈥檚 seat with a softer dollar and stronger yen underpinning the Aussie鈥檚 revival,鈥 Peter Dragicevich, a strategist at 91快活林 91快活林, wrote in a research note. Dragicevich said there are a number of medium-term positives for the Aussie including another round of income-tax cuts, the potential for more relief at the May budget, and an improvement in China鈥檚 economy due to stimulus measures. Read more on Bloomberg here:
Cross-Border
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