European Open Preview – Dollar recovers from 2-week low as trade concerns ease; ECB decision looms
Posted on March 8, 2018 at 8:52 am GMTHere are the latest developments in global markets: FOREX: The dollar was roughly flat versus a basket of currencies after recovering somewhat from a two-week low hit on Wednesday. The recovery came on the back of abating worries over a trade war occurring, as well as optimism on the strength of the US labor market. STOCKS: US markets traded in a turbulent manner yesterday. They opened lower on trade concerns following Gary Cohn’s resignation, but managed to recover most of [..]