Australian dollar roars on the crosses

David Llewellyn-Smith

Wednesday 6 October 2021

DXY resumed its bullish climb last night and EUR sank:

The AUD held its recent gains and now roaring versus the crosses:

Oil is a rocket. The entire energy complex is:

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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.