Australian dollar rebounds as “no landing” evaporates
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DXY is fading again: AUD firmed gain: JPY shorts are getting squeezed: The
oil headfake is over: Taking down metals: Miners eked out gins with stocks:
EM...
2022-10-18
Crude-Energy Gap Hits 25pc
The gap between where crude is trading and where energy has traded at that crude price, has opened up to at least 25 percent. As in, if crude drops I expect a 25 percent loss for funds such as XLE at a minimum. Of course this gap can close the other way with crude rallying. Since I'm bearish on crude though...
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