FILE PHOTO: A U.S. five dollar note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration
“Market participants believe that the worst of the health and financial and economic crises are now behind us,” said Commonwealth Bank of Australia FX analyst Joe Capurso. Against a basket of currencies the dollar had its worst month this year in May and was under pressure on Monday, dipping by a fraction to 98.166.
Relations between Beijing and Washington have nosedived through the COVID-19 pandemic, but investors were relieved that Trump’s move did not - so far - escalate tension over Hong Kong into a broader trade dispute.
So much winning.
The 'Recovery' will take years. It'll take a competent President that people trust. And it will take major reform to our entire economic system. People are being made into serfs and peasants. We've got nothing left to loose. Time to change. Or bring the economy to a stop.
Markets priced in China winning a trade war.
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