Weekly Currency Review: UK political instability leads to heightened interest in safe-haven currencies

Summary Currency Review Headlines surrounding rising trade tensions and a possible global slowdown continue to dictate currency trading levels Uncertainty regarding Brexit, UK politics reduces investor interest in the GBP Safe haven status of both the CHF and the JPY appears attractive in a risk-averse global environment Swiss Franc vs. British Pound: Continued Rise of […]

Weekly Currency Review: Escalating Trade War Helps US Dollar Beat Others

Weekly Currency Review DXY Index Price Chart: 5-minute Timeframe (from July 4 to July 11, 2018). Source: Tradeview.com The US employment data released last Friday showed optimism in the economy. There are 213,000 jobs added in June, down from the May’s figure of 244,000 but beating the forecast of 195,000 from Thomson Reuters survey. Even […]

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