DXY rebounded on support Friday night. EUR sank:
AUD was bashed back into shape:
Sideways for longer for commods?
Miners (NYSE:RIO) fell:
EM (NYSE:EEM) yawn:
Junk (NYSE:HYG) snooze:
Stocks are tractor beaming yields higher. Trouble for the former:
Already:
The DXY rebound has support in a very extended DXY bear market. BofA on very long DXY CTAs:
If we get material bearish data or yields rise again this week then risk is going to struggle and the robots sell AUD.