The Traderszone Network

Published in TZ Latest News 16 May, 2017 by The TZ Newswire Staff

USD/JPY down, EUR/USD up … CAD lower (oil too)

I wanted to update on oil and CAD
Both are lower.
But while I’m at it, EUR is higher as is Yen.
USD/JPY likely very much related to US politics concerns. EUR perhaps too in a roundabout fashion. Since Macron’s victory in France the mood is political risk is shifting away from Europe (I’d add a caveat to this, hello Italy) to US developments.