Will the Aussie get the better of bears?

Speculators believe that the worst is yet to come for the AUD/USD

If the majority were always right, the Earth would still be going around the Moon. Hedge funds believe that the AUD/USD rebound up from its seventeen-year lows is just a correction. While the global economy is stepping into the worst quarter since the Great Depression of the 1930s, the worst time for the Australian dollar is yet to come. Speculators have boosted their shorts on the Aussie three times since mid-March, and they expect that a poor reading of Australia’s jobs report and weak PMI data, as well…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>