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Asset Manager Australian Dollar Shorts Hit Record on Risk-Off
Source: Bloomberg
Currency & FXGeopolitics & WarArtificial IntelligenceInvestor Sentiment & Positioning
Asset managers’ short positions on the Australian dollar reached a record high in the week ended Oct. 20. The article attributes the positioning to mounting Middle East tensions and jitters over the artificial intelligence trade, prompting a retreat from the risk-sensitive currency.
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