One thing that is confusing me in the last couple of days in the markets. The USD is up generally, i.e. JPY, EUR, NZD & Gold are all down, but not the Aussie, in fact its higher & its showed good strength prior to the Fed brushing up against 89c.
What am I missing? Yield back in play? If that's the case, it doesn't really explain why the Kiwi is down as well.
Thoughts anyone?
