US Mnuchin gives USD another stab: Weaker Dollar Is Good For Trade

Says not concerned about the level of the USD in the short-term on 24.01.2018

• Treasury Sec Mnuchin: US Treasuries are not an issue in talks with China
•  Weaker USD is good for trade
• US Treasury market is one of the most liquid
• Need to invest a lot in infrastructure

As if we needed other reasons to sell this USD, Mnuchin adds oil to the fire
EURUSD 1.2340
USDJPY 109.65
Cable 1.4075
USDCAD 1.2375 through the 1.24-1.2387 support
AUDUSD 0.8042
NZDUSD 0.7388

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

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