Morgan Stanley predicts continued USD weakness amid slowing growth and upcoming rate-cuts. US employment data alongside plenty of EU data this week will keep currency markets alive
Read MoreMarket News
The USD tumbled, oil prices firmed, equity markets and US yields are mixed as Trump delayed EU tariffs. The USD dropped to its lowest level in almost two years after Trump's U-turn on EU tariffs increased market uncertainty, highlighting the President's volatile policymaking.
Read MoreTrump’s comments hit the USD in illiquid trading, EUR/USD and GBP/USD trading at multi-year highs on the USD weakness. Plenty of data this week, with the ‘war of words being fought between the President and the US federal Reserve which is straining checks and balances in the US political system.
Read MoreRedFX currency update – plenty to digest in terms of data and inflation – something that the global economy hasn’t seen for 2 decades.
Read More