Weekly FX Update – 10 August 2017 (Video)

Financial markets have been in risk aversion mode in recent days, with geopolitical risk driving traders towards the traditional safe havens for cover. A slower week on the economic calendar hasn’t helped matters but with plenty of data to come in the week ahead, this could all change.

That said, should the war of words continue between the US and North Korea, or even escalate, other matters will likely continue to be overshadowed and investor sentiment remain subdued.

Senior Market Analyst Craig Erlam discusses all of these issues and gives his analysis on USDJPY (7:02), GBPJPY (9:32), EURJPY (10:51), EURUSD (12:30), GBPUSD (14:10), EURGBP (15:53), AUDUSD (17:04), USDCAD (18:08) and NZDUSD (19:29).

How the markets could react to a North Korea Strike

USD/CAD – Canadian Dollar Yawns as US Inflation Data Disappoints

Geopolitical Concerns Weigh on Risk Appetite

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