Tech Wreck 2.0 smashes Australian dollar
MacroBusiness Access Subscriber Only Content See the latest Australian dollar analysis here: DXY has a strong double-bottom and is off and running: DXY US dollar index running higher The Australian dollar was hammered against the US but held against other falling DM currencies: The AUD is still stronger than emerging market forex: AUD versus emerging market currencies Brent and gold are still deadly enemies: Brent versus gold Base metals tumble Emerging market stocks free-falling High yield bond markets Bond yields higher Nasdaq crash It’s all over for growth stocks. The march of US yiel...