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Australian dollar jumps on US inflation bust

June 11, 2021 - 06:56 -- Admin

Forex finally got what it was asking for: lot’s of US inflation. But, as expected it was a bust for markets that have long priced it. They are now moving quickly towards the MB position of disinflationary shock. DXY and EUR barely moved: The Australian dollar remained thoroughly rangebound as well: Gold and oil lifted:

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