Forex – Weekly Outlook: August 26 – 30

Investing.com | Aug 25, 2019 at 12:00 AM
  • A fresh batch of economic data from the U.S. and the Eurozone this week will give investors more insight into the economic impact of the trade spat between the U.S. and China.
  • The dollar weakened on Friday after President Donald Trump ordered U.S. companies to start looking for an alternative to China as Beijing imposed more tariffs on U.S. goods.
  • Trump linked his spats with China and the Fed following the speech, tweeting that the U.S. central bank is not helping with easier rate policy and asking “who is the bigger enemy” — China President Xi Jinping or Powell.