US dollar roars as risk gauntlet returns

Advertisement

Breakout! Last night the US dollar roared to new heights:

tvc_87ae04e686df8aafc99540fb9e4f6bea

Other majors fell:

tvc_443ad5afdf5653c193fc8ecc9ba6824d

Commodity currencies too, Aussie was hit hard after the dodgy jobs report:

Advertisement
tvc_b303c1882827d1bfd67ec7403310f559

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.