DXY eased last night: AUD popped: Not so North Asia: Oil fell: Dirt was mixed: Miners puked: EM yawn: Junk has stalled. Not good for stocks: Yields rallied: Stocks fell: Not much in data to report. Goldman checks out DXY. USD: Spinning my wheels. Markets priced out another 2024 Fed rate cut this week, but
The post Australian dollar turns irrational appeared first on MacroBusiness.