David Llewellyn-Smith

DXY rebounded lat night with everything as the Omicron panic eased:   That kept the AUD holding open the trap door:XBR/USD held a lot of the losses:Metals firmed:Miners are trying to base:EM stocks...

DXY was smashed Friday night and EUR roared as the NU COVID strain rocked markets:   Australian dollar was Nuked on all major crosses:Oil!Metals were not hit quite so hard:Nor miners:But, ominously,...

The assault upon the Australian dollar is coming from a tearaway DXY as EUR wilts:   The Australian dollar was universally weak. It’s chart is forming up a bearish descending triangle retest of the...

DXY is a raging rocketship as EUR crashes:   The Australian dollar was weak:Oil and gold too:Base metals rallied on misplaced China stimulus hopes:As did miners:EM stocks were hit:Along with junk:As...

DXY is tearing away and EUR sinking as COVID ravages the EZ:   Oil puked and gold fell:metals did better on baseless Chinese stimulus rumours:Big miners too:EM stocks do not look well again:But junk...

The DXY rocket eased up overnight and a seared EUR stabilised:   That couldn’t save the Australian dollar which was pounded across the board:The strong DXY is wreaking havoc with commodities already....

DXY is now an unstoppable rocket as EUR is blasted to bits:   The Australian dollar was slain:Commodities will struggle with the return of the King: EM stocks held on but the King is not kind to them...

Interesting dynamics in Forex markets last night as both the USD and AUD rose strongly. DXY crashed EUR:   Yet AUD rose anyway:Gold and Oil both struggled:Base metals all fell:Big miners fell:EM...

Forgive no charts today, I’ve got a glitch. Westpac has the data:   Event Wrap US JOLTS job openings in September remained strong at 10.4bn (est.10.3bn, prior revised to 10.6bn from 10.4bn). The...

DXY has broken out and the sky is the limit versus EUR:   The Australian dollar sagged across the board:Unusually, Gold rallied anyway. Oil was soft:Base metals were mixed:Big miners took off because...