­čÄÖ´ŞĆ FX Talk | Get updated on what's happening on the financial markets in 20 min. listen here.

The rising cost of hedging the Aussie dollar

  • Go back to blog home
  • Blog
    Blog|Currency Updates
    Blog|In The News
    Blog|International Trade
    Charities & NGOs
    Currency Updates
    Currency Updates|In The News
    In The News
    In The News|Press
    International Trade
    Press
  • Latest

13 March 2023

Written by
madelineloughma

The rising cost of hedging the Aussie dollar.

This week saw the AUD fall close to 3% to below 0.66c against the USD – while also seeing similar falls against all its major peers (CNY, NZD, GBP, EUR).

Patrick Idquival from Ebury says this feels a bit oversold, and markets got a bit trigger-happy selling the AUD with the dovish hike that we saw on Tuesday. Patrick’s bets are still on an AUD rally this year on the back of Chinese growth, as manufacturing activity is growing and China is picking up steam.

Watch full interview here

SHARE