Making sense of these markets – USD up but yields lower, US markets at all time highs again, and news out of China on its reserve requirements
Marc Chandler, Managing Partner at Bannockburn Global ForEx joins us to recap the moves in the market this week. We start with the balance between the rising US Dollar and falling yields that was the trend until today. Next up are US markets and even with the weakness throughout the week are pushing higher today to new all time highs, again. To wrap up the interview we look to the 3 central bank meetings throughout the week.