XE Market Analysis: North America – Mar 26, 2018

The dollar and yen traded softer against most other currencies as risk appetite rebounded in global markets after U.S. Treasury Secretary Mnuchin said that there has been “productive” talks with China. This helped allay investor anxieties about prospects for an escalating trade way. Most stock markets rallied in Asia and Europe, while S&P 500 and Nasdaq futures rallied by over 1.3% and 1.6%, respectively, in the overnight session, pointing to a strong positive open on Wall Street later.

Source: XE news feed
XE Market Analysis: North America – Mar 26, 2018