XE Market Analysis: US Dollar Spikes on Softer Trade Restrictions

OVERVIEW

  • US Dollar is higher on the back of softer restrictions on US Chinese investment.
  • The Pound is on the backfoot as markets wait for Brexit negotiations on Thursday and Friday.
  • The Loonie is strong ahead of the BOC statement.

HIGHLIGHT

The US Dollar is stronger across the board as President Trump looks at softer restrictions on Chinese investment into the US. The Trump administration has highlighted the potential impact of Chinese investors buying up US technology.