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Australian dollar pounded by US price shock

August 15, 2025 - 11:30 -- Admin

DXY is up again. AUD down. CNY fine. Gold whacked. Metals OK. Miners are going lower. EM rolled. Junk is fine. Yields up a bit. Stocks flat. The US PPI was pretty hot today. Even worse, it’s mostly services. Add ongoing pressure from goods via tariffs. With wage growth going strong as Trump slashes immigration

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