Daily Market Report

    • USD Opens Monday Strong, But Ends in the Red; Italian Politics Continue to Weigh on EUR

      USD Opens Monday Strong, But Ends in the Red; Italian Politics Continue to Weigh on EUR

      Tuesday, 22.05.2018

      The greenback opened the week on the front foot yesterday after US Treasury Secretary Steven Mnuchin said that the US and China decided to put a trade war “on hold”. Nonetheless, the currency started to reverse the gains during the European morning, and actually ended the day in the red. In Italy, Five Star and League decided who will carry forward their spending policy agenda as the new PM.

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