Australian dollar scorched by hot US inflation
DXY launched last night: AUD copped the blast: North Asia too: Oil held on, gold gave way: Dirt is in free fall: Miners were whacked: EM too: Treasuries were flogged: And stocks thumped: Goldman with the culprit: January core CPI rose 0.39%, 9bp above consensus expectations and compared to +0.28% in December.