Blogotariat

Oz Blog News Commentary

Australian dollar floats on oil

April 5, 2024 - 10:30 -- Admin

DXY eased: AUD popped: No help from North Asia: Oil bull: Dirt bull: Mining bust: EM false break out: Junk is warning: Yields eased: Stocks puked: Weirdly, it is a battle between dovish Fed speakers pushing down DXY and an oil bull run that has mounting geopolitical tailwinds, and dovish Fed speakers behind it. UBS

The post Australian dollar floats on oil appeared first on MacroBusiness.