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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Aussie Tumbles as RBA Rate Cut Wrong-Foots Bullish Hedge Funds

Aussie Tumbles as RBA Rate Cut Wrong-Foots Bullish Hedge Funds

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VALUEPICK

VALUEPICK
Expert
Expert

  • The currency weakens against 31 major peers after RBA action

  • Futures indicate 60% chance of another rate cut by August

  • http://www.bloomberg.com/news/articles/2016-05-03/aussie-tumbles-as-rba-rate-cut-wrong-foots-bullish-hedge-funds

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