AUD/USD traders debate whether record short bets signal a breakout or sentiment extreme

Coverage asks whether record short positions on the Australian dollar point to a breakout or an overly bearish extreme. Reports also tie Aussie moves to hawkish RBA expectations and Middle East tensions.

Timeline

1. 27 Oct, 12:10 UTCFirst appeared on Google Trends
2. 27 Oct, 12:10 UTCPicked up on News
3. 27 Oct, 12:10 UTCFOREX.com runs record-short-bets analysis
4. 27 Oct, 12:10 UTCFXStreet reports Aussie gains on RBA hike bets

Top sources

• australian dollar hedge fund outlookGoogle Trends
• Dollar treads water as Middle East tensions simmer; Aussie buoyed by hawkish RBAWTVB
• Australian Dollar Outlook: AUD/USD Screams Sentiment Extreme Into Fed, CPIFOREX.com
• Australian Dollar/US Dollar faces rejection at 0.786 Arc – Potential downside reboundFXStreet
• Australian Dollar extends gains on RBA rate hike expectations ahead of Fed decisionFXStreet
• AUD/USD Bears Denied a Big, Bearish Breakout via Hawkish RBA, Weak USDStoneX