Hedge funds are increasing bets that the Australian dollar will outperform the New Zealand dollar through the end of the year, as stronger Australian inflation expectations revive the prospect of further Reserve Bank of Australia rate increases, according to a report by Bloomberg.
Trading in options on the Australian dollar-New Zealand dollar pair jumped to its highest level this year on Wednesday, with calls positioned for a stronger Aussie outnumbering puts by roughly three to one, according t...
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