Core Viewpoint - Deutsche Bank suggests that the Australian dollar (AUD) is likely to reach or exceed their year-end target of 0.67, driven by increasing hedging activities from large funds which pose an upside risk to the AUD [1] Group 1 - The Australian dollar is projected to achieve or surpass the target of 0.67 by year-end [1] - Large fund hedging activities are contributing to the upward risk for the Australian dollar [1]