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Australian dollar firms as stockmarkets crash

September 30, 2022 - 10:00 -- Admin

The DXY blowoff has flamed out: AUD firmed: Commodites all bounced: But not EM stocks: Or junk: The curve flattened: And stocks sank: The DXY feels tactical to me. Following this week’s UK-inspired rout, markets are toying with the idea that the Fed is nearing the end. Futures are reducing the odds of a 75bps

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