XE Market Analysis: Europe – Feb 06, 2019

The Dollar has continued to trade mostly firmer, although has lost ground today to the Yen, which has outperformed. President Trump’s State of the Union, replete as it was with self-backslapping, left markets somewhat cold, with what hopes there were for something specific on progress being made in the trade talks with China having been deflated. The next round of senior-level discussions between the U.S. and China are due to start next week in Beijing, where the focus will be on intellectual property. Markets are somewhat nervous as the U.S.