XE Market Analysis: Currency Market Steady Following FOMC Minutes and now Waits for Sino-US Trade Deal Announcement

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OVERVIEW

  • The US dollar remains in consolidation mode against the major currencies

  • The Australian dollar is experiencing volatile session, plunging nearly 1.1% against its US counterpart

  • NYMEX WTI Crude consolidates around $57.00 a barrel, appreciating 25% so far this year.