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Alternative Market Briefing

Hedge funds shorting Australian dollars gain
Monday, February 09, 2015

Komfie Manalo, Opalesque Asia:

Hedge funds which made bets against the Australian dollars have gained last week while those which wagered against the euro suffered losses as a slowdown in the Chinese economy is showing more impact compared to the possibility Greece will be forced out of the Euro.

Data from the Commodity Futures Trading Commission showed that the number of bets by hedge funds and other large speculators that the Australian dollar are on the decline have increased last week, reported ......................

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