XE Market Analysis: North America – Jan 16, 2020

Both the dollar and yen traded softer versus most other currencies, particularly against the Swiss franc. Equity markets have turned somewhat flat after the MSCI all-country world index edged out a fresh record following the signing of the phase-1 trade deal between the U.S. and China. While concerns remain about the deal itself, and future trading relations, there is conjecture that President Trump will go relatively easy on China for now (at least in actions if not rhetoric) as he turns his focus on the November presidential election.

Source: XE news feed
XE Market Analysis: North America – Jan 16, 2020