-
EUR: Weakness overdone
After meaningful gains yesterday, we expect the dollar rally to pause today and emerging market FX to get some breathing space given the mix of (a) a tentative agreement among Congressional negotiators to avoid another US government shutdown (with President Trump obtaining funding for the border wall, albeit lower than expected: $1.375 billion vs $5.7 billion); (b) signs that the US-China trade dispute may be resolved without a further imposition of tariffs (following White House adviser Kellyann Conway’s comments that President Trump wants to meet President Xi “very soon”). All this suggests some respite for ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Feb 12, 2019 6:07am Feb 12, 2019 6:07am
- jegas
- Joined Oct 2011 | Status: Forex is an Unpredicatable Game.... | 1208 Comments
- Comment #2
- Quote
- Feb 12, 2019 8:02am Feb 12, 2019 8:02am
- Fml
- | Joined May 2018 | Status: Member | 73 Comments
- Comment #3
- Quote
- Feb 12, 2019 1:11pm Feb 12, 2019 1:11pm
- Guest
- | IP XX.XXX.219.92