Mining GFC meets “fight the Fed”

Advertisement

The US dollar eased back last night after it’s solid run:

tvc_0c3e3578b4899bbda8578add0bdff761

Yen and euro rebounded:

tvc_32c4346b7da46ebc73e39ba20edac273

Commodity currencies too:

Advertisement
tvc_214c90997de233f443bdf68d3c52495e

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.