EU FX Handover: Haven Currencies in Demand
Fawad Razaqzada May 29, 2019 1:22 PM
A summary of news and snapshot of moves ahead of the US session.
- NZD has gone from being the strongest to the weakest, with safe-haven currencies the strongest.
- Undoubtedly, it is all to do with the escalation of trade tensions between the US and China.
- US index futures point to a sharply lower open on Wall Street and crude prices have tumbled again on demand concerns, keeping the Loonie undermined ahead of the BOC rate decision.
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