EURUSD 1.1378 |
USDJPY 112.09 |
GBPUSD 1.2843 |
AUDUSD 0.7592 |
USDCAD 1.3081 |
GBPJPY 143.96 |
EURJPY 127.53 |
AUDJPY 85.10 |
CADJPY 85.67 |
Silver 16.84 |
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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Sometimes It only Takes a Nudge
When markets are on the razor's edge it only takes a nudge to send them tumbling; that's what came on Tuesday. The euro was the top performer while the yen lagged. The Asia-Pacific calendar is light but a major central banking event takes place later on Wednesday. The EURUSD premium long was closed at 1.1348 for 168-pip gain, while cable remains open. Below is the Premium video posted right after Draghi's inflation remarks.