Market Talk
- The yen was supported while the yuan was on the back foot on Wednesday as investors tried to assess the risk of the outbreak of a new coronavirus in China disrupting the country’s economy and trade partners.
Tag: AUD/JPY
FX Commentary – Javid’s Comments Weigh On Sterling
Market Talk
- The yen traded near an eight-month low versus the dollar on Tuesday, while the euro held steady as investors awaited meetings of European Central Bank on Thursday amid a slightly improving backdrop for global growth.
FX Commentary – Legislation Threatens China-U.S. Trade Deal
Market Talk
– Safe-havens rose against the dollar after U.S. President Donald Trump signed into law legislation supporting anti-government protesters in Hong Kong, fueling concerns that efforts to end the long-running trade dispute between the world’s two biggest economies could become more complicated.… Read More
FX Commentary – Eyes On Trump’s Speech For Rollback Of Tariffs Clues
– The dollar slid on Monday as investors remained cautious after U.S. President Donald Trump denied he would roll back tariffs which dashed investors optimism that Washington and Beijing would soon reach a phase one deal to end their trade war.… Read More
FX Trading Idea – AUD/JPY
We had recommended a short sell for this pair in our Daily FX Commentary today. Price reached a high of 74.80,… Read More