XE Market Analysis: North America – Jun 14, 2019

Both the Dollar and Yen outperformed while the Australian Dollar led the biggest loser list out of the main currencies as a safe-haven theme swept back over global markets. This followed the release of disappointing industrial production data out of China, which fell to a 17-month low growth rate, shining a fresh light on the impact that the trade war with the U.S. is having on the world’s No. 2 economy. The U.S. also accused Iran for the attacks on two oil tankers yesterday, which has upped the ante in Mideast geopolitics. Fresh record yield lows on Australian bonds were…

Source: XE news feed
XE Market Analysis: North America – Jun 14, 2019