-
Positive risk appetite driving a reverse on the US dollar
With an invitation extended to China from the White House for renewed trade discussions has laid the grounding for renewed positivity in market risk appetite. This comes as US inflation signals have dropped off the boil in recent days, helping to drag the dollar back, but also to renew the upside pull on equities again. Better risk appetite means a move out of safe havens such as the Japanese yen (and to an extent gold) but the beneficiaries of this come with the support for the Chinese yuan and commodity currencies such as the Australian dollar. The week ends today with US retail sales and it will be interesting to ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Sep 14, 2018 3:40am Sep 14, 2018 3:40am
- forexsignalg
- | Commercial Member | Joined Feb 2018 | 118 Comments
- Comment #2
- Quote
- Sep 14, 2018 4:16am Sep 14, 2018 4:16am
- Guest
- | IP XX.XXX.70.99
- Comment #3
- Quote
- Sep 14, 2018 5:04am Sep 14, 2018 5:04am
- Guest
- | IP XX.XXX.111.94