Did George Soros Just Make an Easy $19 million Betting Against the Australian Dollar?

georgeA trader in Hong Kong made $19 million while betting against the Australian Dollar this week. Australian interest rates were cut to 2.75% and weakened the AUD.

This Hong Kong trader is believed to be from George Soro’s investment firm!

George Soros is the man who “broke” the Bank of England in 1992, walking away with about $1 billion dollars.

For news updates and more fundamental Forex info, follow the Winner’s Edge account. Follow Casey’s twitter account, Nathan’s twitter account, and Tim’s twitter account too for Forex analysis, and trade ideas!

The following two tabs change content below.
Winners Edge Trading was founded in 2009 and is working to create the most current and useful Forex information and training available on the internet.

Winner’s Edge Trading, as seen on:

Winner's Edge Trading in the news