According to Tuuli Koivu, Research Analyst at Nordea Markets, one driver of the stronger dollar year-to-date is the escalation of the trade war. Key Quotes “If the G20 meeting ends without any signs of progress, it is likely to be a disappointment for the market, especially with regards to China and EM Asia.” “As a consequence, the possibility of further USD strength and a likely setback to risk sentiment will make for a dovish read-through to Fed Funds pricing as well as to US Treasury bonds (lower yields), at least temporarily.” “In short, we judge that some chance of a postponement of the tariffs is already priced in.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK’s Lidington: Parliament has a binary choice between accepting the deal or voting it down FX Street 4 years According to Tuuli Koivu, Research Analyst at Nordea Markets, one driver of the stronger dollar year-to-date is the escalation of the trade war. Key Quotes "If the G20 meeting ends without any signs of progress, it is likely to be a disappointment for the market, especially with regards to China and EM Asia." "As a consequence, the possibility of further USD strength and a likely setback to risk sentiment will make for a dovish read-through to Fed Funds pricing as well as to US Treasury bonds (lower yields), at least temporarily." "In short, we judge that some chance of a… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
