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