We are starting this busy trading week with solid gains in equities and currencies. Thanks to President Trump who officially delayed the next round of tariffs, all of the major currency pairs are trading higher today led by gains in the Australian and New Zealand dollars. While the President hinted at this outcome last week, investors were relieved that his views did not change before an official announcement was made. Of course, the decision to extend the deadline was an easy one because it creates good will without a real commitment. Still investors liked that it was open ended and that the truce will last until ... (full story)