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Australian dollar slain by China

August 16, 2022 - 09:00 -- Admin

DXY bounced hard last night: AUD was slain: All commodities and EMs were trashed: Treasuries were bid: Stocks only go up: Westpac has the wrap: Event Wrap US homebuilder confidence (NAHB) fell to 49 (est. 54, prior 55) – the lowest since May 2020. The report noted builder confidence continues to be affected by the FOMC’s rate

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