This week has been dominated initially by lingering geopolitical concerns and then US political issues and a dreadful terrorist attack in Barcelona. Trump’s woes have been largely self-inflicted and the cost of his response to the events in Charlottesville could still grow in the days and weeks ahead.
Markets have been quick to revert to risk aversion mode over the last couple of weeks and while next week does offer some important economic events, politics and geopolitics are likely to hang over the market once again.
Senior Market Analyst Craig Erlam discusses all of these issues and gives his analysis on EURUSD (10:19), GBPUSD (11:01), EURGBP (11:56), AUDUSD (13:24), USDCAD (15:00), NZDUSD (16:46), USDJPY (17:44), GBPJPY (19:20) and EURJPY (21:10).
EURUSD – Euro Recovers After Drop Following Barcelona Attack
USD/CAD – Loonie Takes Flight After Inflation Report
Traders Risk Averse on Cohn Resignation Talk
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.
Craig Erlam
Latest posts by Craig Erlam (see all)
- Brexit and Fed risks this week - 12/17/2018
- Interesting Week Ahead For Markets - 12/17/2018
- OANDA Market Insights podcast (episode 44) - 12/14/2018