Australian Dollar Recovery in Sight as Hedging Flows Fade say Commonwealth Bank of Australia

Australian Dollar Recovery in Sight as Hedging Flows Fade say Commonwealth Bank of Australia

The Australian Dollar could be owed a rebound in the forthcoming week, according to strategists at Commonwealth Bank of Australia, as month and quarter-end hedging activity among institutional money managers dies away.

Australia’s unit has come under renewed pressure in recent days, which has for…

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.