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 derivatives specialist Mathias Alrixon discussing the latest Federal Open Market Committee minutes, which have sent US yields higher again and pushed investor confidence lower.