 Economic data, Fed expectations, trade war, Brexit were among the biggest themes last week. Emerging market risks seemed to have abated. Meanwhile, Italy was less of a threat to Eurozone after the government pledged not to blow up the account. Yen and Swiss Franc ended the week as the first and third strongest ones as ex-US markets were troubled by risk aversion. Dollar strengthened as usual on Trump's escalating trade threats to other countries and ended as the second strongest. New Zealand, Australian and Canadian Dollar were the weakest ones naturally, on risk aversion. Sterling ended mixed after suffering much volatility on flip-flopping Brexit headlines. |
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