Is there something amiss in the hedge fund world?
Traders are now beginning to question the reasons why hedge funds have been short-covering their GBP positions with such ferocity, especially when most of these positions were probably ‘in the money’. Such traders usually allow their profits to run much further. Is it possible that someone has started liquidating good positions in order to pay for bad ones? If so, what are these bad positions? Lots of Friday afternoon market speculation!

AUTOREFRESH 













Hey Sean – what do you mean by ‘Friday afternoon market speculation’?
Hi Alex, just traders talking among themselves and putting two and two together, ending up with about 46. By speculation, I mean chatter and not trading- perhaps I should have chosen a better phrase. Have a good w/e.
Brisbane Times, reports that the IMF are warning Aussie (and NZ) banks about default risk…if there was something to go wrong, I wonder what would happen to A/U…
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