Blogotariat

Oz Blog News Commentary

Australian dollar catches emerging market contagion

June 8, 2018 - 06:44 -- Admin

DXY was down last night as the EUR bear market rally continued: But that couldn’t save the AUD which fell on all DM crosses: As EM FX crashes, now led by Brazil: Gold is stuck: Oil caught a bid: Base metals are deluded. Where EMs go they will follow: Big miners broke: EM stocks fell

The post Australian dollar catches emerging market contagion appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]