Weekly Currency Review: Trade War Conciliatory Turn and G20 Summit Rises Interest in Safe-haven Currencies

Summary Headlines surrounding political tensions continue to dictate currency trading levels Central Banks relaxed monetary policies weaken Euro against the Australian Dollar. G20 summit hold last week in a hot political context was expected to soothe relations between the U.S, Canada and China, having a positive impact on the FX markets.  Australian Dollar versus Euro Australian Dollar gained 1.27% over Euro during the last week, extending rebound begun a couple of weeks ago. The Australian dollar reacted positively to the RBA […]

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