A WSJ report about Trump’s intention to prohibit Chinese companies from investing in U.S. tech firms upset the markets. Worries over a worsening trade dispute between the United States and other major economies affected the FX market.
Tag: OPEC
Oil ministers from the Organization of the Petroleum Exporting Countries meet on Friday in Vienna. Talks will follow on Saturday with non-OPEC oil producers. The negotiations are expected to be hard as Iran threatens to block the decision over production increase.
Escalating Trade War The escalating trade war between USA and China keeps broader currency markets concerned.