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Home Forex Factory

US Threats to Decouple from China and the Greenback Strengthens

currencycoach by currencycoach
September 8, 2020
in Forex Factory
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US Threats to Decouple from China and the Greenback Strengthens
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From marctomarket.com

The markets remain on edge. US-China tensions are escalating. Strained Brexit talks are set to resume today. Profit-taking in the tech space has continued. The ECB meeting is around the corner. The MSCI Asia Pacific Index snapped a three-day slide today with most markets moving higher, led by a 1% gain in Australia. European bourses are mostly lower, and the Dow Jones Stoxx 600 is giving back more than half of yesterday’s 1.6% gain. US shares have fallen throughout the European morning. Benchmark 10-year yields are 2-3 bp lower, leaving the US yield near 68 bp. The dollar’s trend continue, with both the Scandis lower … (full story)



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Tags: ChinaDecoupleGreenbackStrengthensThreats
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