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Market Update

EncoreFX’s daily market updates are written by our experienced and professional dealing team.

Safe Haven Currencies Slump vs. USD as North Korea Tensions Fade

Published August 14, 2017
  • Comments on Sunday from senior members of the Trump administration eased fears, as the U.S. stated it would continue to seek diplomatic solutions with N. Korea
  • Global stock markets are mostly stronger today, also rebounding off lower expectations of a U.S.-North Korea nuclear showdown
  • Oil prices start the week lower over lingering concerns over global supply
  • There is very little of interest on the economic data calendar today