The US dollar (USD) follows lower after two days of earnings raised the DXY about 2% reduction over three years earned earlier in the week. CHF and JPY are sitting near the top of the night performance table, just behind SEK and Nok. The CAD and the MXN are firmer but are lagging behind their peers. European actions are softer and the term contracts on American actions are inferior after American actions brought back the intrajournal summits seen yesterday. The Treasurys are slightly firmer, in accordance with other major bond markets, notes the FX strategist of the FX of Scotiabank.
China tells us to raise the prices before the discussions
“The feeling of the USD remains weak in the context of uncertainty about the prices and their impact on the American economy. The reasons for optimism on trade should remain in check, I think that will serve to maintain the USD on the defensive. Although the United States has tried to put a positive rotation on the prospects for commercial transactions this week, it seems clear that there is nothing imminent. that no talks took place.
“The messaging of the American administration also remains somewhat confusing. The risks can pin orders from basic equipment to a meager increase of 0.1%.”
“Doxy earnings earlier this week have done roughly enough to facilitate the signals of surely short -term, but were not sufficient to strengthen the prospects of a sustained rebound. The wider set of the USD remains soft and subject to more losses. The intraday support is 98.85 before a landmark in zone 98.”
