Australian dollar hammer of doom
DXY gapped into the stratosphere overnight. It is goodbye, EUR. AUD kept falling and is approaching critical .69 cents support. Brent roared. Gold held on. Metals are letting go. Another major growth warning. Big miners are in trouble. EM stocks even more so. As junk gapped into madness. The long-end yield backup has slowed for The post Australian dollar hammer of doom appeared first on…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
