Rumors that George Soros was planning to short the Australia
dollar has taken the wind out of the robust currency, fueling expectations that
the tide is turning for the Aussie dollar.
The Aussie fell 0.6 percent against the U.S. dollar late
Monday on a report in the Sydney Morning Herald that bets against the currency
totaling $1 billion were placed via Hong Kong and Singapore , believed to be by Soros
Fund Management. CNBC has not been able to independently confirm the rumor
Read all about it at http://www.cnbc.com/id/100713329
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