XE Market Analysis: The Currency Market is in Consolidation Mode

OVERVIEW

  • Investors stay away amidst uncertainty over global trade issues.
  • No major update on NAFTA as US and Canadian officials are still wrangling over crucial issues in the dairy and media industries.
  • Oil futures are back below $70, and Precious Metals are trading up with Gold futures up around by $1.65 to $1,208.50 per ounce.  

HIGHLIGHT