DXY is back on tariff talk. AUD was poleaxed on the same. Lead boots were made for sinking. Gold needs a bigger pullback. Oil needs to break down. Goldman has wrecked the world’s most important metal.
Changes in the value of the Australian Dollar are important as they impact Australia’s export competitiveness and the cost of imports, including that of overseas holidays. For investors they ...
The kiwi dollar languished at $0.5598 after also touching a fresh low of $0.5572 overnight. Again, a failure to sustain a bounce to $0.5607 endangers its 2022 nadir of $0.5512.