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.
Senior Editor, Saxo Bank Group
Summary: Today's edition of the Saxo Morning Call features Saxo Bank Head of Forex Strategy John J Hardy on the state of the world's markets as equities continue to weaken and worries about Brexit and the Italian budget undermine forex risk appetite.