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Forex Flash: Japanese fund managers may look to rebalance – BBH

By FXstreet.com,  January 08, 2013, 10:31:00 AM EDT

FXstreet.com (Barcelona) - Reports are circulating that investment managers are preparing to rebalance some Aussie dollar Toshin funds due to targets being reached.

The Brown Brothers Harriman team believe that at least initially, this would be consistent with a stronger Yen, but the AUD itself is little changed around $1.0500.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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