Comments of “testy” trade relations between US/China, protests in Hong Kong and attacks on oil tankers saw safe-haven currency buying. Investors nervous of current market conditions turned back to safe-haven currencies and the US$ indexed edged slightly lower. Oil prices regained the 2% ...

US$ remains within the current trading band despite market conditions and comments. Growing concerns that US/China meeting at the G20 may not be as positive as hoped. A Tweet commenting that Euro and other currencies were “devalued” against the US$. Oil pricing falling 2% on lower demand...

US$ is holding firm at 10 week lows. The prospect of a possible Fed ease in July is mounting, but the short term focus remains the G20 meeting. Cautious optimism is growing that China/US could find a compromise when the two countries meet at the G20 this month.   US$ slightly weaker overnight ...

US$ firmed as investors had a positive response to Mexico averting tariffs today. In addition the prospect of a friendly meeting between the US & China leaders at the upcoming G20 added to the positivity. Safe-haven Yen sellers emerged from risk-off trading.  Euro stalled on comments from the E...

The prospect of the FED cutting interest rates, on going trade tensions has caused the US$ to sell off in recent days hitting a 2 month lows. Jobs data in the US and Canada, but any impact from positive data will be short lived. The markets are waiting to see any positive comments from US/China [&he...

ECB kept rates on hold and cut grow forecasts for the next two years, highlighting the slowdown will be longer than expected. US threatens further tariffs on China, but meetings between US/China are still scheduled to go ahead at this weekends G20 meeting in Japan. US$ index fell to a 2 month low an...

Comments from the Fed Chairman saying it was changing its approach to rates from “patient” to “as appropriate” saw US$ sell off to a 7 week low. Recession concerns globally have seen Central Banks in recent weeks cut rates and possibly signaling the start of global monetary e...

Increasing prospect of an interest rate cut by the FED saw investors selling off US$, which fell to a 3 week low. Growth concerns also saw further selloff in oil, which dropped to Jan19 levels. Yen rallied to 5 month highs becoming the safe-haven currency of choice. US$ fell to a two week low vs [&h...

Trade tensions continue to grow beyond China to Mexico and India, which saw safe haven currencies continue their rally. Yen & Chf both hit 2 year highs vs Eur on Friday. US 2 year treasury yield saw its biggest 2 day fall since 2008, causing some unwinding of long US$ positions in Asia this morn...

US threat to place tariffs on Mexico saw US$ and Yen rally on safe-haven buying. Recession risk is growing, the probably of a FED rate cut 2020 is increasing. US/China trade concerns, Brexit, EU political uncertainty and EU in the process of renegotiating trade with US. A lot of variables out there ...