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Australian dollar squashed by US inflation

March 13, 2024 - 06:42 -- Admin

DXY firmed last night: AUD fell: With North Asia: Oil and gold too: Copper is coiled: Ask the Easter Bunny why RIO rallied: EM may be coiling for reflation: Junk is grinding on: Yields popped: But stocks rocked: US inflation was hot but the composition reassured bulls: February core CPI rose 0.36%, 6bp above consensus

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