Australian dollar on the verge of collapse?
DXY was up last night as EUR faded: The Australian dollar was universally dumped: Gold was soft: Oil strong: Metals are sick: Miners did better: EM stocks fell: Junk was fine: Bonds sold: But stock also euphoria faded: Westpac has the wrap: Event Wrap US Oct. existing home sales rose +1.9%m/m (vs est. 2.0%m/m) to 5.46mn (est.