According to the SMH, the top five currency bets being pursued by Hedge Funds this year are: 1
According to the SMH, the top five currency bets being pursued by Hedge Funds this year are: 1. Long USD vs Yen. The whole driver (this year) is going to be yen. If you're only a USD guy and you're ... only in euro/dollar, you're going to get a whole lot of nothing, said Aaron Smith, managing director at currency hedge fund firm Pecora Capital. 2. Shot AUD versus either NZD or USD. hedge funds have rushed to short the Aussie because of the prospect of lower interest rates in Australia and higher rates in New Zealand. 3. Long sterling versus the euro. The UK's economic resurgence has brought forward expectations of an interest rate rise. 4. Long dollar versus the Canadian dollar. 5. Long Mexican peso versus emerging market currencies. Read more: (VIEW LINK)
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