CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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US FX Handover Yen Rallies in RiskOff Trade

Article By: ,  Head of Market Research
May 7, 2019 5:00 PM

  • US stock indices sold off sharply on US-China “trade war” worries - Chinese Premier Liu He will join China’s delegation for high stakes trade negotiations in Washington DC on Thursday.
  • The safe haven yen was the strongest major currency, taking USD/JPY to its lowest level since March near 110.20. The Aussie also fell after the RBA opted not to cut interest rates.
  • The loonie was the weakest major currency on the back of weakness in oil, with sterling also falling cross-party Brexit talks stall.
  • The RBNZ meets tonight, with OIS markets pricing in a 40% chance of a rate cut – see our full preview.


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