Thursday, April 13, 2017

POTUS Jawboning

Global Markets Daily
by Saktiandi Supaat

FX Research

USD has been inching lower in a back-drop of jittery nerves in the past two sessions when Trump decided to give the greenback another shove lower with comments – “I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me. But that’s hurting – that will hurt ultimately…” USD fell against most currencies on his words which came after his acknowledgement that China is not a currency manipulator. USDJPY was last seen around 108.80 ...

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