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Australian dollar on the highway to junk hell

June 30, 2022 - 09:40 -- Admin

DXY launched overnight as EUR swooned on peaky German inflation: AUD was shoved right back to the cliff’s edge: Oil fell though! Metals held on: And miners: EM stocks too: But the bid daddy of them all, junk spreads, are the highway to hell: Despite easing Treasury yields: Which helped stocks to not fall too

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