January 23, 2017 BY LeapRate Staff

Buy the rumor, sell the news? USD sinks as Trump Trade unwinds

The following is based on research by Ilya Spivak, Senior Currency Strategist at DailyFX, a unit of IG Group Holdings plc (LON:IGG). More of Ilya’s research can be seen at DailyFX.com. Talking Points: US Dollar drops as yields decline amid “Trump trade” unwind Yen soars, buoyed by risk aversion across most Asian bourses Information vacuum acutely…

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