Banks Say Hedge Funds' Short Aussie Bets at Risk of Backfiri

Banks Say Hedge Funds' Short Aussie Bets at Risk of Backfiring

(Bloomberg) -- Hedge funds have little doubt that the Australian dollar is headed lower. The nation’s biggest banks beg to differ.Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptS&P 500 Tops 5,300 in Record-Breaking Stock Rally: Markets WrapUS Inflation Ebbs for First Time in Six Months in Relief for FedChina Considers Government Buying of Unsold Homes to Save Property MarketFlood of China Used Cooking Oil Spurs Call to Hike US LeviesSpeculative wagers against

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