Monday, July 23, 2018

FW: Global Markets Daily: Multi-Front War

 

 

Multi-Front War

Global Markets Daily
by Saktiandi Supaat

FX Research

Trump continued his rant on twitter, accusing China and the EU of manipulating their currencies. He even went on to opine that "tightening now hurts all that we have done". The USD reacted to his words. EUR broke above the 1.17 and was last seen at mid-1.17, AUD last printed 0.7430 and USDCNH was last seen around 6.7690. In an environment of weaker USD, the CAD..

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