|Day's range||6.925 - 6.925|
|52-week range||6.3960 - 6.9761|
Today’s positive US data seemed to mitigate the speculations over a probable Fed rate cut. Fiber dropped 0.66% reaching near 1.1214 levels amid Greenback upsurge and weak German & Italian data.
Downside for U.S. corporate earnings from China, Mexico trade war should be minimal, writes Mark Hulbert.
The cost of imported goods fell in May, reflecting a decline in the prices of most foreign-made goods including those coming from China that have been hit with U.S. tariffs. The import price index dropped 0.3% last month.
Investing.com - The Australian dollar fell against its U.S. counterpart on Thursday following the release of a disappointing jobs report, while the Japanese yen rose on safe-haven demand.
ECB President Mario Draghi commented today that the Central and Eastern Europe remains vulnerable to the trade war headwinds. Weak EIA Crude data resulted in a decline of Oil prices.
Investing.com - The U.S. dollar index was hovering near two-month lows on Wednesday in Asia after U.S. President Donald Trump said the officials of the Federal Reserve “don’t have a clue” on rates.
In a MarketWatch interview, emerging-markets pioneer Mark Mobius says it’s important to focus on companies in developing countries that are focused on homegrown demand as heightening trade tensions and other geopolitical risks threaten global trade growth.
Investing.com - The Chinese yuan rose against the U.S. dollar on Tuesday in Asia as China set the currency’s daily fix at a stronger-than-expected rate. Reports of funding support from the Chinese government were also in focus.
US JOLTS Job Openings data came out as 7.449 million over 7.240 million expectations. Mexican Peso soared more than 2% over US-Mexico trade deal. Investors seemed to lose interest over Cable, Euro, and Yen.
Now all investors’ attention again turned to disputes between China and the United States, and markets are hoping for a breakthrough in negotiations after Trump and Xi Jinping meet on the G20 (June 28-29).
Investing.com - The Mexican peso jumped 2% against the U.S. dollar after the U.S. and Mexico agreed on a migration deal to avoid tariffs on Mexican goods.
Investing.com -- The dollar was little changed against most major currencies in early trading in Europe Friday but rose against the Chinese yuan after China’s central bank governor hinted that he may allow the currency to depreciate.
Investing.com - The Mexican Peso fell on Thursday in Asia after U.S. President Donald Trump said there was “not nearly enough” progress made in the latest discussion between U.S. and Mexican officials.
Investing.com - The U.S. dollar was trading near seven week lows on Wednesday in Asia, while the Aussie dollar inched up despite weaker-than-expected GDP data.
Investing.com - The Australian dollar was holding steady on Tuesday in Asia following the Reserve Bank of Australia decision to cut rates to a historic low of 1.25%.
Investing.com - The Australian dollar rose against its U.S. counterpart on Monday in Asia and hovered near a more than two-week high.
Investing.com - The Japanese yen rose on Friday in Asia amid safe-haven demand, while the Mexican Peso slumped amid news of unexpected tariffs imposed on Mexican goods.
Investing.com - The U.S. dollar was trading within striking distance of two year highs against a currency basket on Thursday in Asia as persistent trade tensions underpinned safe haven demand for the currency.
Investing.com - The Chinese yuan edged down against the U.S. dollar on Wednesday in Asia as tensions in the Sino-U.S. trade spat escalated.
Investing.com - The Chinese yuan fell, while the U.S. dollar ticked higher on Tuesday in Asia after U.S. President Donald Trump said Washington is “not ready to make a deal” with China.
Investing.com - The Chinese yuan inched up on Monday in Asia as China warned that yuan shorters could “suffer from a huge loss.”
Investing.com -- The U.S. dollar was trading broadly lower early Friday in Europe, amid rising expectations that the Federal Reserve will have to cut interest rates to support the U.S. economy to offset the damage from a widening trade war with China.