Investors were feeling more comfortable with risk - BBH

Ross J Burland FXStreet

Analysts at Brown Brothers Harriman explained that even though the conflict in Syria can rapidly escalate, investors were feeling more comfortable with risk over the last few days.

Key Quotes:

"The US trade rhetoric was toned down several decibels, and this helped. US President Trump saw signs of concessions from China's President Xi speech.

Trump suggested that negotiations were underway and that an outcome in which there are no new tariffs implemented is still possible NAFTA negotiations were also promising.

Equities rallied and the currencies that often do well when short-term participants have a greater appetite for risk, like the dollar bloc, did well, and the currencies used for funding, like the yen and Swiss franc did relatively worse."

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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