USD/CNY is driven by trade uncertainty
The US dollar strengthened versus the Chinese yuan as the trade deal between the United States and China met unexpected obstacles.
Tag - usd
Pay attention to the important releases for the USD
The United States will release the level of retail sales and core retail sales on May 15, at 15:30 MT time.
Trading plan for May 14
Trade on the news
GBP/USD is under pressure
GBP/USD formed a lower high just above 1.30 (psychological level, 50-week MA).
Breaking: China will raise tariffs on the US goods on June 1
Chinese authorities plan to apply tariffs on $60 billion of US goods.
Evergreen buck reaches fresh 4-month peak
On Monday, the evergreen buck reached a four-month maximum versus the Chinese yuan, although it was lower against the Japanese yen as well as Swiss franc due to the fact that the escalating trade conflict between China and America backed bids for…
Weekly Market Outlook: May 13-17
What key releases will move the markets this week?
Chinese yuan weakens as risk-on sentiment fades
The trade tensions between the US and China weakened the offshore yuan.
5 important events this week will bring us!
Hottest events for this week!
Evergreen buck rallies against Japanese yen
On Friday, the evergreen buck was generally steady versus the safe-haven Japanese currency, taking in stride the lift in American levies on China’s goods, which came into effect and waiting for the resumption of negotiations between top statesmen of the…
NZD/USD: what’s next after RBNZ meeting?
This week NZD/USD tested the lowest levels since October in the area of 0.6525 after the Reserve Bank of New Zealand reduced its interest rate to 1.5%.
USD/CAD is volatile
The day promises to be quite interesting for USD/CAD. The market awaits the news about the trade talks between the United States and China.
