City Index: expect rising FX volatility levels near-term
US-China trade dispute and prospect of currency war combine with Europe’s political uncertainties
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Trade tensions between the US and China, the prospect of a currency war, and political and economic uncertainties in Europe are creating scope for near-term foreign exchange volatility, says City Index.
The US-China trade spat has lasted for almost a year. Global manufacturing activities have taken a dive and discouraged business sentiment, says Kelvin Wong, chief technical strategist for Asia at City Index.
Curr
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