US equities traded in caution overnight as President Trump pulled the US out of the trade agreement and

GBL: The Floundering Dollar

Global Markets Daily by Saktiandi Supaat

FX Research

US equities traded in caution overnight as President Trump pulled the US out of the trade agreement and signaled a potential renegotiation with NAFTA “at the appropriate time”. Although the action was largely symbolic (since the trade pact was not ratified), it is a show of intent (by the US) to disengage with Asia pacific that left some investors concern that businesses at home could be affected. Dollar floundered and safe havens were in demand, including JPY and CHF ...