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Global market watch - 28th March 2017

USD
Was under pressure and led lower by USDJPY in the morning although 110.00 is rumoured to have huge option barrier interest. Chicago Fed president Evans commented that inflation would have to be much stronger for four rate hikes in 2017, and the US Dollar eased yesterday. With Trumps healthcare defeat last week it seems like the Fed is spot on with its 3 gradual rate ... Read more

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Associated Foreign Exchange (AFEX) is licensed as a money transmitter and regulated by the State of New York Banking Department. AFEX is licensed by the State of California and regulated by the Department of Financial Institutions.