Everyone Agrees to Negotiate

Dollar wins back its positions.

Economic News
16 nov. 2017
Everyone Agrees to Negotiate

The President of the United States Donald Trump, after his tour of Asia, delivered a speech in which he said that he and President Xi Jinping had reached a number of agreements, including on the position regarding North Korea.

Both leaders agree that the nuclear threat from the regime of Kim Jong-un exists for both the US and China. Freezing negotiations with an outcast country is unacceptable, as a result of which all options for solving the problem will be considered.

Yesterday a number of economic reports came out, which eventually supported the reserve currency, despite its initial decline.

US stocks, after the release of data from the Federal Reserve Bank of New York on growth in business activity in the manufacturing sector, fell to a three-week low. However, investors assume with a high probability that the interest rate in December will still be increased. This will support the reserve currency.

Furthermore, in the UK Theresa May said that she was going to offer the EU up to 20 billion pounds, but the exact figure was not announced. The Prime Minister is ready to continue Brexit negotiations and discuss the conditions for the UK's withdrawal from the Eurozone.

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Want to plan better deals today? Check out the most important things that may affect your trading.

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Euro on the Rise

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Euro on the Rise

Eurozone GDP grew by 0.6%.

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Markets Fluctuate

Economic News

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Today there are speeches by a number of heads of central banks.

SuperForex
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