Speculators will speculate - its in their nature
Why short ?...because they can in Aussie quite easily and speculators are by their nature speculators at heart and will do what they do. Its no different to a killer whale eating a sea lion pup, its repugnant to us but its in their nature and they're just as hungry for a feed as those who hold a long posiotion so they do it. After such a big bounce yesterday I suspected they'd come out and play today. With all the extreme volatility the hound is pleased he's gone to ground with only a modest free carry stake left.