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Australian dollar smashed with emerging markets

July 12, 2018 - 06:55 -- Admin

Full trade war action last night as DXY took off, EUR was weak and CNY cratered: AUD was hammered against DMs: EM forex fell even faster: Gold was punished: Oil was thumped: Base metals are capitulating: Big miners were flogged: EM stocks too: Junk eased: Treasuries were bid: Bunds too: Stocks fell but not too

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