US Dollar (USD) is likely to trade in a range of 143.25/144.30. In the longer run, the outlook for USD is unclear after wild swings; for the time being it could trade between 142.10 and 146.30, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Global equity markets and the dollar start the week a little softer as trade tensions between the US and China start to reappear. It's not quite fair to say that the US-China trade deal reached in Geneva last month is unravelling, but both sides clearly seem frustrated.
The Pound is rallying at Monday’s London session opening times, favoured by an ailing US Dollar, which has reversed Friday’s gains following a new tariff threat by US President Trump and a fresh trade rift with China.Investors are selling the US Dollar on Monday, wary that a 50% tariff on Aluminu¡iu