Day: March 16, 2018

Safe haven flows remain the main theme in the forex markets today even though global equities are rather resilient. Yen and to a lesser extend Swiss Franc are trading generally higher. Meanwhile, commodity currencies, Canadian, Australian and New Zealand Dollars suffer most. Fresh selling is indeed seen in early US session on them. Dollar is …

Safe Haven Theme Dominates, Yen Strong, Commodity Currencies WeakRead More

Commodity currencies, including Canadian, Australian and New Zealand Dollar are suffering steep selling towards the end of the week. New White House economic adviser Larry Kudlow’s strong Dollar comment was seen by some as a factor, as he urged TV interview viewers to “buy King Dollar and sell gold”. But looking from the large picture …

AUD, NZD, CAD Weaken on Fear of Rising ProtectionismRead More