Australian dollar down the s-bend
DXY got a lift from better jobs. AUD had its face pressed into the turf. The short is still huge. Expect a quick snap back the moment things stabilise. Big oil relief. Nothing like a socialist to support gold. Metals alert but not alarmed. Big miners are rock solid in the circumstances. EM puke. But The post Australian dollar down the s-bend appeared first on MacroBusiness .
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