Friday, February 10, 2017

Is this it? The resumption of Trump trade? The upmove overnight was not drastic but signalled hope





Global Markets Daily
by Saktiandi Supaat


FX Research





Is this it? The resumption of Trump trade? The upmove overnight was not drastic but signalled hope of what is to come in the next few weeks. Trump-fears/uncertainties have been the backdrop in the past few weeks. Nonetheless, we have flagged that the USD seems to be at the cusp of a bullish reversal and that seems to be panning out slowly. USDAsians should remain supported before Fed Chair Yellen gives her semi-annual testimony next week...

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