Business
Is the Australian dollar going to parity? – MacroBusiness
No, it’s not. Because the economy will die long before we get there. But it going higher and fast towards that death. DXY was smashed Friday night and EUR spiked: The Australian dollar went absolutely berserk against DMs, as expected following the Fed’s launc…
No, it’s not. Because the economy will die long before we get there. But it going higher and fast towards that death.
DXY was smashed Friday night and EUR spiked:
The Australian dollar went absolutely berserk against DMs, as expected following the Feds launch of the AUD one way bet:
EMs were strong too:
Gold took off:
Oil is simply screwed:
Metals got the monetary memo:
Miners not so much:
EM stocks hit new highs:
Junk launched:
US yields retraced a bit:
MOAR US stocks!
So, this is e…
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