Safe-haven currencies continue to be in demand as trade tensions continue, signs of slowing economic growth and increased political uncertainties. Yen has rallied vs US$ from 112 in May19 to its current level of 106 and US$ weaken vs the index, falling to a 2 month low. US announced its halting Hu...

Global “Risk” concerns eased somewhat after the release of stronger than expected Chinese trade data showing July exports rose 3.3%. Additionally Beijing’s proactive efforts to slow the weakness of the renminbi, helped boost global market sentiment. The ongoing trade tensions conti...

Sino/US trade tensions continues to impact all markets. Safe-haven buying of Yen & Chf & gold which hit 6 year highs. Chinese Yuan remains weak above 7 Yuan vs US$, but positive actions by China reduced some volatility. Reserve Bank of NZ cut rates greater than expected to 50bps weakening it...

China/US trade dispute enters a new phase as Chinese Yuan hit a decade low vs US$ this week, breaching key US$/CNY 7.00 level. Washington responding to the weaker Yuan by labeling Beijing a currency manipulator. Markets have settled somewhat, with some unwinding of safe-haven currencies and a slight...

China warns of retaliation after the US’s surprise announcement yesterday to impose fresh tariff’s on China. The announcement saw safe-have Yen & Chf rally to fresh highs vs US$ and CNY weaken to 2 1/2 year lows. Investors will watch today’s Non-Farm Payroll closely for signs o...

US$ rallied vs all currencies from Fed Chiefs comments “Mid-cycle policy adjustment as opposed to the start of a rate cutting cycle”. Almost un-notice the China/US trade talks wrapped up “constructive talks” and are set to continue in September. Focus will shift to today&#821...

Currency markets were quiet and range bound ahead of the Fed rate decision and the Fed chief’s comments. Slightly sideline, but still important is the US/China trade talks in Shanghai which have potential to impact the markets as well. Any deviation from the widely expected 25 basis point cut ...

Mixed markets overnight, GBP weakened drastically on concerns of a “No-Deal” Brexit. Other currencies were range-bound as investors focused on the anticipated first rate cut by the Fed in a decade. Fed comments will be listened too closely for clues of more possible interest cuts. China/...

US$ continues stronger, sitting at 2 month highs vs most major currencies. Better than expected GDP Friday and comments of no intervention by US Administration to weaken USD. Expectations of a positive outcome from this weeks US/China trade talks are low. The primary market focus this week is the FE...

US$ -Today investors will focus on  Gross Domestic Product data  where growth should be at 1.8% in the second quarter from the 3.1% annualized pace set in the prior period. The US$ will likely trade in step with GDP. The better the number the better the dollar will be today.  A weaker GDP numbe...