Dollar Rebounds Slightly After Seven-Month Low Against Yen Amid Trade Talk Relief
10 Articles
10 Articles
Dollar Rebounds Slightly After Seven-Month Low Against Yen Amid Trade Talk Relief
The dollar lifted from a seven-month low against the yen on Thursday, as U.S.-Japan trade talks avoided the issue of foreign exchange, while it made small gains on other currencies ahead of the long Easter break. The dollar has taken a beating this month as the U.S. has threatened, imposed and then postponed massive tariffs, undermining confidence in U.S. economic growth and stability. The almost 8% gain for the Swiss franc since April 2 is the …
NZD/USD remains below five-month highs near 0.6000 due to trade policy focus
NZD/USD is trading subdued around 0.5970 during Friday’s Asian session, holding near Thursday’s five-month high of 0.5979 after seven consecutive days of gains. The pair could see further upside as the US Dollar (USD) weakens amid rising concerns over the economic fallout from US tariffs.
Dollar Slightly Higher on US Trade Deal Hopes
The dollar index (DXY00 ) Thursday finished little changed, up +0.01%. The dollar found support Thursday due to some optimism about US trade talks after President Trump said US negotiators made “big progress” with Japanese officials on a trade deal and expressed confidence that the US would reach a trade...
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