Forex markets reversed last night as DXY eased but AUD fell. EUR was stable: The Australian dollar was weak across the board: Oil and gold firmed: But base metals struggled. Copper has formed a bearish descending triangle pattern. I expect it to follow iron ore in due course: Miners tried: EM stocks too: And junk
The post Australian dollar whacked as markets dead cat bounce appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]