Waiting for the Trade War

                  On Tuesday, the president of the United States, Trump, announced that he was going to begin the process of implementing tariffs on another $ 200 billion of Chinese products, and China responded quickly and harshly. On Wednesday, Beijing accused the United States of harassment and threatened to retaliate, although it did not specify … Read moreWaiting for the Trade War

The Escalation of the Commercial War Shaking the Markets

                  Asian markets opened lower on Wednesday after reports from Washington confirmed that the United States would impose tariffs on another 200 billion dollars on Chinese imports. This measure aggravated the trade war between the US and China and sent the traders to safe haven currencies, including the yen. The dollar was down 0.06 … Read moreThe Escalation of the Commercial War Shaking the Markets

The Dollar Rises to the Return of the Risk Appetite

                  The US dollar once again favored currency traders because of renewed interest in higher-risk currencies. Analysts say that return was partly due to indications that the trade war between the United States and its trading partners does not seem to have undermined the economic momentum. Markets have mainly focused on the latest key … Read moreThe Dollar Rises to the Return of the Risk Appetite

The Pound Down for Turbulence in the United Kingdom

                  These days we have many unknowns in the United Kingdom, but there are two things true: David Davis and Boris Johnson, two key players in the government of Prime Minister Theresa May, have opted to resign. Their resignations have raised concerns about a "hard Brexit" and have moved the pound widely downward. The … Read moreThe Pound Down for Turbulence in the United Kingdom

Forex Traders Waiting for News on Chinese Tariffs

                  Forex traders are on the sidelines while waiting for news on whether or not President Trump will fulfill his threat against Chinese imports. The United States is expected to start charging $ 34 billion in tariffs on goods imported from China early Friday morning (8:01 EST). If Trump's plans are implemented, the focus … Read moreForex Traders Waiting for News on Chinese Tariffs

The Currencies in a Pattern of Waiting Before the Deadline for Tariffs

                  World currencies traded virtually unchanged early on Thursday in Asia, as traders patiently wait for Washington's deadline of Friday to impose US $ 34 billion tariffs on Chinese imports. On Wednesday, China's Ministry of Finance announced that it will not be ahead of Washington's tariffs, but will wait to see if anything changes … Read moreThe Currencies in a Pattern of Waiting Before the Deadline for Tariffs