View full page at forexfactory.com

 

Trade war threat recedes to help improve risk appetite again

From hantecfx.com

The immediate negative threat of a trade war has receded, meaning that the safe haven flows are now beginning to unwind again. In the wake of last week’s announcements from Donald Trump with tariffs on aluminium and steel and the threats over the weekend on German cars, the fears have begun to calm down. This comes as Republican officials plea to President Trump to reconsider his moves. The yen has unwound some of its recent gains, the rally on gold has pulled back and Treasury yields are on the rise once more. Will this improvement in sentiment help the dollar again? There seem to be mixed moves on forex majors ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis