Tag «foreign exchange market»

31.05.2019: Traders buying up JPY (USDX, JPY, AUD)

31.05.2019: Traders buying up JPY (USDX, JPY, AUD)

Trump’s recent statements have worsened risk appetite. Traders are seeking safe-haven assets. A five percent tariff on all goods coming from Mexico will go into effect on June 10. Thus, market sentiment continues to deteriorate. Today’s data from China showed that the last imposition of US duties hammered China’s economy. In May, the manufacturing index …