Australian dollar hottest currency on earth
David Llewellyn-Smith | Mar 15, 2023 10:03
DXY was stable last night:
AUD ripped higher faster than anybody else:
Gold fell. Oil has classic bearish descending triangle pattern. The support around $76 is huge but if it breaks it is all over, red rover:
Dirt, miners (NYSE:RIO) and EM (NYSE:EEM) were OK:
Yields snapped higher:
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The village idiot drooled:
To describe the bounce as unconvincing does not really cover it given KRE (NYSE:KRE) managed only 2%:
It appears there is a run on regional bank equity as much as there is deposits.
I am not playing FX at the moment. It is all too unpredictable.
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