Just as it seemed the markets were settling from their fears over escalating trade wars, the flames were fanned to close the week. How will risk trends evolve into the coming week amid regular data flow?
The US Dollar started Q2 on a bright note, but a disappointing NFP report reversed a large portion of this week’s gains, and DXY remains near the 90.00 level as we approach the release of March inflation numbers.
British Pound Forecast: Lack of Data Leaves Sterling Adrift
Sterling traders will need to cognizant of developments in other markets as the UK data calendar is thin and will provide no direction.
Australian Dollar Forecast: Australian Dollar Still Vulnerable To Global Trade Headlines
The Australian economy is not doing badly, but its currency remains mired thanks to low interest rates and –fairly or not- US/China trade worries
The US-China trade war will continue to drive Yuan moves. In addition, it seems that more countries have joined the battles.
Last week was a