Currencies Benefit in Trump’s Early Hours

Special report: A Bullish Case for the Pound

A lot of talk in early 2017 about this selloff in the US Dollar, with many wondering if the Buck is finally on the verge of rolling over. One of the most interesting rates to watch going forward, particularly in light of risk associated with Brexit, is the Cable rate.

Next 24 hours: Currencies Benefit in Trump’s Early Hours

The market wasn't sure what it would get first from President Trump and in the very early hours, protectionism is winning out over talk of fiscal stimulus. This has unsurprisingly opened a wave of USD selling along with a concurrent bout of risk off flow, with equity markets pulling back, albeit marginally into the European close.

Global FX Insights Next 24 hours   LMAX Exchange  

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