EURUSD 1.1152 |
USDJPY 111.28 |
GBPUSD 1.2680 |
AUDUSD 0.7541 |
USDCAD 1.3232 |
GBPJPY 141.11 |
EURJPY 124.10 |
AUDJPY 83.90 |
CADJPY 84.08 |
Silver 16.54 |
Protectionism won't Protect USD
The notion that Trump's planned protectionist measures (tariffs and border adjustment tax) will be USD-positive is founded on an unrealistic world –where Mexico, China and other US...
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Central Banks To Trip on Oil
Oil is working its way back into the central banking and economic equation with prices now down 19% since the May 25 OPEC meeting. GBP was the top performer Wednesday while CAD lagged. The RBNZ held rates at 1.75%, as expected. A new NZD Premium trade has been issued in addition to the 7 existing trades.
BOJ does whatever it needs to do to reach its goals. Fed plays the "world economy" card to prevent its rate hikes.