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The Nexus
BUSINESSJul 20 · 03:12 UTCBLOOMBERGMatthew Burgess

Hedge Funds Dial Up Bearish Kiwi Bets to Record on Oil Rebound

Leveraged funds have taken their short positions on the New Zealand dollar to a record high, betting that a recent rebound in global oil prices may worsen domestic economic pressures.

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Mentioned
Leveraged fundsorganizationNew Zealand DollartopicGlobal Oil Pricestopicdomestic economic pressurestopic
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