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Australian dollar hits a Hormuz mine

DXY got a little safe-haven bid. AUD was pounded lower despite North Asian support. The twins of doom are doing the opposite. I wouldn’t buy either yet. Copper cracked. Big miners are about to enjoy double trouble as copper and iron ore both fall. EM stocks gapped into madness. As junk turned into a screaming The post Australian dollar hits a Hormuz mine appeared first on MacroBusiness .

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