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USD/JPY Consolidating in the Calm Before the US-China Talk and FOMC Storm
For once, the weekend brought little in the way market-moving economic developments, and with Australian traders out on holiday, the FX market has seen a quiet start to the week.
Stocks Surge on US-China Ceasefire, But Bonds Aren’t Buying It
As you’ve no doubt heard by now, US President Trump and Chinese President Xi were able to reach a ceasefire agreement at the G20 summit in Argentina over the weekend.
USD: How does the Escalating Trade War Impact the Greenback?
Global markets were thrown into flux once again when (yet again) US President Donald Trump poured gasoline on the simmering “Trade War” fire.
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USD/CAD rebounds sharply on Canadian trade deficit, crude oil pullback
USD/CAD continued its sharp rebound for the second consecutive day on Wednesday as crude oil remained in retreat, the US dollar saw a modest relief bounce, and the Canadian dollar was hit by data showing a worse-than-expected trade deficit.
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