AUD: Speculative shorts rise as gains versus Dollar fade – Rabobank

Rabobank points out that AUD net short positions have increased for a second week, reaching their highest level since December 2025. While the Australian Dollar is the second‑best performing G10 currency year‑to‑date, it has weakened against the Dollar this month, falling 3.23% back to 0.70 from recent highs near 0.72.

Australian Dollar performance losing momentum

"AUD net shorts have increased for the second consecutive week to the highest level since December 2025."

"AUD is the second best performing G10 currency year-to-date, but has weakened against USD month-to-date, deteriorating by 3.23%, back to the 0.70 level from recent highs of 0.72."