FX outpaces most of everything else that is happening in the market
When you look at the antipodeans being down by 1.1% (AUD) and 1.8% (NZD) on the day, with the dollar and yen leading the charge, it is easy to point towards the market being skewed heavily in risk-off territory all things considered.
When you look at the antipodeans being down by 1.1% (AUD) and 1.8% (NZD) on the day, with the dollar and yen leading the charge, it is easy to point towards the market being skewed heavily in risk-off territory all things considered.