Monday, 09 July 2018 / Published in Daily Morning Report
The AUDUSD pair rose 0.4% to 0.7460 The dollar traded near its 3-1/2-week lows against a currency basket on Monday after data last week showed slower-than-expected wage growth. The data showed average U.S. hourly earnings gained five cents, or 0.2% in June after increasing 0.3% in May. Meanwhile, nonfarm payrolls rise by a stronger-than-expected 213,000
Friday, 06 July 2018 / Published in Forex Daily News
The dollar was lower against the safe-haven yen, with USDJPY trading at 110.45 The U.S. dollar fell on Friday as trade tariffs between the U.S. and China began while the pound gained steam. Trade conflict between the two biggest economies in the world began in force on Friday, when U.S. tariffs on $34 billion worth
Thursday, 05 July 2018 / Published in Daily Morning Report
Investors are turning their attention to Federal Reserve’s June meeting on Friday. The dollar edged lower against a basket of the other major currencies on Today, a day before the U.S. and China were to hit each other with import tariffs, escalating a trade spat that many investors fear will hurt global growth. The U.S.
Tuesday, 26 June 2018 / Published in Daily Morning Report
The Finance Ministry is expected to announce restrictions on Chinese investment in the United States. The dollar steadied against a currency basket on Today as markets regained composure after remarks by White House trade adviser Peter Navarro helped ease investor concerns about U.S. trade policy. The U.S. dollar index, which measures the greenback’s strength against
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