Daily Snapshot [August 14, 2018] – FX, Oil, T-Note, Bund, S&P500

August 14, 2018 – Market review and metrics for Forex, Oil, T-Note, Bund, S&P500. {updated EOD}

Euro ended the day on the defensive as concerns about Turkey, specifically the effects on European banks, weighed on the markets. Antipodean currencies (AUD & NZD) were also lower as worries about anemic Chinese growth abound. GBP resumed its downward slide on fears that a palatable deal would not be reached in the Brexit saga. The above mentioned factors and the reality that the FED is the only major central bank firmly committed to a tightening policy continue to buoy the USD.

Market Metrics

FX Strength

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