NY Open: Twenty pounds of headlines
Markets started the day in a confusion of incoming news as ECB chatter met with trade talk updates and US macro data. EURUSD took it on the chin and dropped from 1.1270 to 1.1235.
Head of Editorial Content, Saxo Bank
Summary: Today's edition of the Saxo Morning Call features Saxo Bank Head of Commodity Strategy Ole Hansen and Head of Forex Strategy John Hardy discussing another session that saw US and world equities remain below the 200-day moving average with an eye on a potential move higher in gold.