Australian dollar to the lows as bank short squeeze flames out

See the latest Australian dollar analysis here:

Macro Afternoon

The Australian dollar is sitting right at three years lows this morning:

XJO is down moderatly:

As bonds boom:

Dalian is soft and Big Iron is mixed:

Big Gas tracking oil:

Big Gold mixed too:

The Big Bank short squeeze has flamed out:

Big Realty is pricing in recovery!

S&P futures are down too as trade frictions intensify. Watch oil for contagion.

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