DXY is on the verge of a safe-haven breakout.
AUD is breaking down. JPY is hreaded for the seventh level of hell.
The twins of good and evil are back. Don’t buy gold yet. It will get flushed if we get a VaR crash.
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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.
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