Dollar Stronger On Safe Haven Flows: OANDA Market Beat Podcast

Alfonso Esparza profile picture
Alfonso Esparza
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OANDA Senior Market Analyst Alfonso Esparza reviews the major upcoming market news, macro analysis and economic indicator releases that will impact currencies, stocks other asset classes.

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The Trade War comments and Trump's European Trip Boosted the US Dollar

The US dollar was higher across the board against major pairs on Friday.

Trade war concerns rose heading into the weekend and the comments from US President Donald Trump during the week sparked a rally of USD buying.

Trump has been outspoken on NATO, trade and the Brexit deal while economic indicators and the US Fed have been supportive of the greenback.

The Trump administration has said that it would add 10 percent tariffs on additional $200 billion Chinese goods if the Asian nation retaliates.

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Alfonso Esparza profile picture
229 Followers
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, he established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
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