The Traderszone Network

Published in TZ Latest News 25 May, 2017 by The TZ Newswire Staff

FX Chaos – Cable Cracks Lower On Election/Confidence; Chinese Yuan Spikes To 3-Month Highs

A kneejerk lower in Cable overnight (on Tory poll numbers dropping and weak confidence) started the fun in FX markets but (aside from Bitcoin), but Yuan is the big mover once more with a big figure spike to 6.85 – strongest since early Feb, extending the gains post-FOMC Minutes.

A new poll from Reuters shows the Tory lead fading fast in the UK election…

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