Mikael Olai Milhøj, senior analyst at Danske Bank, notes that the global markets shrugged off the new trade-related uncertainty in the previous US session. Key Quotes “The initial volatility spike and risk-off spot moves across vix, S&P500, yen, yen vol and many other market indicators was seemingly seen as a buy-the-dip, reversing some of the initial reaction.” “We have highlighted the increased uncertainty from these new developments and hence view yesterday’s reversal in pricing as rather complacent. Though markets might be trying to call the bluff of Trump, we are less certain. As such, we expect elevated volatility in USD/JPY and related China-linked currencies. Tracking if China sends delegates to the US and if Trump really implements these new tariffs on Friday are so far the two main drivers of risk to watch.” 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 Bitcoin price analysis: BTC/USD rally stalls short of $6,000; slides into a bull flag pattern FX Street 3 years Mikael Olai Milhøj, senior analyst at Danske Bank, notes that the global markets shrugged off the new trade-related uncertainty in the previous US session. Key Quotes "The initial volatility spike and risk-off spot moves across vix, S&P500, yen, yen vol and many other market indicators was seemingly seen as a buy-the-dip, reversing some of the initial reaction." "We have highlighted the increased uncertainty from these new developments and hence view yesterday's reversal in pricing as rather complacent. Though markets might be trying to call the bluff of Trump, we are less certain. As such, we expect elevated volatility in USD/JPY… 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.
