FX Playing Catch Up to Equities Volatility

From marketpulse.com

Highlights for this week Risk-off has been the overriding theme this week following President Trump’s threats to levy more extensive tariffs on imported goods from China. This has triggered a wave of headline risk ahead of the next round of trade talks starting today. Trump’s move to increase tariffs on China has deepened a market sell-off, with global equities suffering some of the biggest declines of the year. In the forex space, aside from the go-to safe haven currency plays (¥, CHF), FX ranges have some catching up to do, since they have not priced in fully a trade war by the world’s two largest economies. ... (full story)