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Aussie Strides Into Funding Leg of Emerging-Market Carry Trades

  • Currency becomes popular choice after RBA’s dovish tilt
  • Correlation with developing nations among key strengths

Carry traders’ search for an alternative funding currency to the dollar for bets in emerging markets has yielded a surprise winner — the Aussie.

Read more here: Aussie Strides Into Funding Leg of Emerging-Market Carry Trades