NY Open: Pre-Thanksgiving profit-taking sinks greenback
Market sentiment is on the shaky side as US markets open, with flagging trade deal optimism, a dovish Fed and some profit-taking all taking their toll.
The history of trade liberalisation shows that despite populist rhetoric, eliminating barriers to trade empowers the average citizen. But now, as the US and China take further steps towards a full-blown trade war, investors must position themselves very carefully.
Saxo Bank's Quarterly Outlook for Q2 is here, with expert insights and trading themes from our team of strategists. Get your copy here.