Australian DollarCommoditiesGlobal Macro

Australian dollar rampage as risk pours on

David Llewellyn-Smith
Wednesday, 9 November 2016
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The Hillary rally was back overnight as the USD firmed and other majors fell with the yuan weak:

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Commodity currencies split again with down and dirt up. The Aussie is untouchable though the rand is even hotter:

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Gold was shellacked again:

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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.