AUD: Capital Flight Fears Overdone
The IMF announced overnight that, on June 28th, it will reveal for the first time the size of reserve manager holdings in AUD and CAD. Plans to do so have been in the pipeline for some time but now at last we have a precise date for when to expect this key data release. The IMF already tracks the changing currency composition of reserve manager portfolios. But currently only USD, EUR, JPY, GBP and CHF holdings are published separately. Holdings of all other currencies are bundled together in a single ‘other’ category.
Read the full report: UBS