Live preview mode. Wire is not yet published.

According to the SMH, the top five currency bets being pursued by Hedge Funds this year are: 1

Tom McKay

Livewire Markets

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)


2 topics

Tom McKay
Managing Director and Co-Founder
Livewire Markets

Tom McKay is the Co-Founder and Managing Director of Livewire. Tom's passionate about democratising access to high quality investment ideas and insights, so all investors can make more informed and successful investment decisions.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment