DXY is up:
![](https://d70-invdn-com.investing.com/content/411e796f66088bcbdef5196f05aa67a7.png)
AUD is down:
![](https://d70-invdn-com.investing.com/content/1e8e0554e1d2f3f87a6c4e944cb29927.png)
China let CNY slip if look right up close:
![](https://d70-invdn-com.investing.com/content/ab355dd9302aa8a3dde6851497b7ce47.png)
Oil and gold are pointing to commodity exhaustion:
![](https://d70-invdn-com.investing.com/content/3d923e3fec417d96eebb871a6a001a38.png)
Copper and metals more like keeled over:
![](https://d70-invdn-com.investing.com/content/68b52c57c7d12d0cd29e546507d2b207.png)
Miners fell:
![](https://d70-invdn-com.investing.com/content/b1e8dc1efddedd60e42d32f7487d7f54.png)
EM fell:
![](https://d70-invdn-com.investing.com/content/1ac29119b3ef0a1f784c054b6478bb55.png)
Junk has the jitters:
![](https://d70-invdn-com.investing.com/content/5f43cc6e5f29eb49b2aa1bdc5c58dde4.png)
As the steepeneer steepens:
![](https://d70-invdn-com.investing.com/content/8aa5ce9110c5673f2cd17bc24c292d25.png)
And stocks feel dizzy:
![](https://d70-invdn-com.investing.com/content/66d939e7bfc7c3675935dfdd33625797.png)
So, is that the end of this latest round of commodity lunacy? Who knows.
What we can say is that the fundamentals remain unsupportive for most dirt:
- US Fed “higher for longer”;
- Global growth landing of some sort;
- Chinese structural change away from construction unchanged;
- big supply uptrends in major metals, and
- DXY still in a bullish trend.
The AUD is still trapped in the basement.