Reuters article on Friday talking about hedge funds calling for more weakness in the Aussie. Quotes hedge fund legend Stanley Druckenmiller: “We think the Australian dollar will come down and come down hard”
The quote is from over two weeks ago, though: Hedge fund legend Druckenmiller says short the Australian Dollar
Why is the trade getting increased publicity now? Weird. My inner conspiracy theorists is obviously wondering if now is the AUD buy-back time for hedge funds?
