XE Market Analysis: The FX Market is Unimpressed After the Trump Administration Decides to Apply Tariffs Drip by Drip.

OVERVIEW

  • Gold consolidates near its highest level since April 2013 over a global economic slowdown.

  • USD/CAD is toying with the upper range of 1.32-1.33 over weak oil prices.

  • WTI Crude oil lost 3.3% to fall to $55.25 a barrel with soft global economic growth.