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US Dollar Comeback Ahead? US-China Tensions Push Havens Higher

From dailyfx.com

The US Dollar may recover from its aggressive selling streak if geopolitical risks surrounding US-China tensions catalyze a so-called “dash for cash”. Contrary to the popular narrative suggesting the conflict has “resurfaced”, a source of friction has – at least in the past two years – has been steadily present. Therefore, it is less a “resurfacing” and more so an irritation that threatens to turn market sentiment septic and further compromise the health of the global economy. On Friday, US President Donald Trump signed several executive orders targeting Chinese technology companies. The documents prohibited ... (full story)

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  • Category: Fundamental Analysis