AI chokes out Australian dollar resistence
DXY is refusing to push higer on the tumbling EUR. AUD has found a bottom for now. Gold is irked by yields. Given Yanbu shut today, oil is notably weak. Metals bounced. Miners too. EM stocks suddenly look OK. Junk is horrible, but it’s trying. The long-end pushed higher despite lower energy. It’s still not The post AI chokes out Australian dollar resistence appeared first on MacroBusiness .
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