XE Market Analysis: US-China Trade Tensions Holding Currencies in Goldilocks Limbo-Land

OVERVIEW

  • The US Dollar is moving slowly after Memorial Day, creeping up a couple of pips
  • GBP USD likely will be a volatile pair as the UK wonders who will be the next occupant of 10 Downing Street
  • Bank of Canada expected to hold interest rates, loonie expected to trade with negative bias 

HIGHLIGHT