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Australian dollar licks its wounds

August 6, 2025 - 06:13 -- Admin

DXY is holding for now. AUD is licking its wounds. Lead boots bounced. Gold is firm, oil not. Metals are lacklustre. Mining bear intact. EM bounced. Junk toppy. Yields held the losses. Stocks fell anyway. I expect more AUD chaos for now. The market remains very short DXY, and such consensus trades often need long

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