DXY is taking a well-earned breather. Australian dollar is threatening a bigger bounce. But the CNY concrete shoes will not come off. Oil is a worry. Copper is delusional again. Miners sagged. EM meh. Junk meh. Yields coming off. But stocks couldn’t follow through, except in Europe. Fed hawk Governer WAller was dovish. The inflation
The post Australian dollar dead cat fails to bounce appeared first on MacroBusiness.