I've been posting piecemeal comments on some currency movements, EUR down, AUD & NZD down, metals down ...
I probably shoulda taken the lazy, and arguably more accurate, route ... the USD is higher nearly across the board here in Asian today.
USD/CHF, USD/JPY, both at highs above overnight, while cable and NZD/Are making fresh session lows.
Gold is running along barely above the overnight low.
Energy stocks are contributing strongly to regional stock market gains ... in fact a look at local equity markets:
- Shanghai +1.42%
- Nikkei +1.49%
- HK +2.10%
- ASX +1.34%
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Such a strong USD ... and the US CPI is out later ... does someone know something we don't?
