Asset Managers Turn Long Aussie for First Time Since Late 2024 - Bloomberg.com

Asset Managers Turn Long Aussie for First Time Since Late 2024. The Australian dollar has seen its longest stretch of bearish bets since late 2024, according to data from the Commodity Futures Trading Commission. The shift comes as investors grow increasingly concerned about the outlook for the global economy and the potential for further interest rate hikes by the Reserve Bank of Australia.