U.S. dollar decreased when US-central negotiations ended
The USD price is reduced compared to other currencies on Fridays after the conclusion of negotiations on trade between the US and China.
Index, index of the USD strength measurement with the currency basket, which fell 0.12% to 95.44 at 5:24 AM ET (0924GMT).
The US and China have jointly applied the tax rate of 25% to 16 billion of each other's goods when negotiations between the two parties have not reached any agreement. 2 The economy is now in a commercial retaliation for many months now.
Meanwhile, the FED president, Jerome Powell, will have a speech on Friday at the annual meeting in Jackson Hole, Wyoming. Investors will closely monitor to predict the monetary policy. The FED has kept the interest rate unchanged during the 8 month meeting but has been expected to increase interest rates added 2 times this year.
The dollar increased in proportion to the yen with USD/JPY up 0.13% to 111.44. In times of uncertainties, investors often find the Japanese yen as a safe asset.
The Euro rises higher with a EUR/USD rate rising 0.22% to 1.1564. The pound also rose at a rate of GBP/USD up 0.04% to 1.2820.
The Turkish Lira fell slightly in comparison to the dollar. The USD/TRY rate rises 0.12% to 6.0800 when the Turkish market closes the public holiday during the week. The Lira was under pressure for several weeks before the US and Turkey were stressed about the detention of American Pastorers.
Meanwhile, the Australian dollar rose at a rate of AUD/USD rising 0.39% to 0.7275 while the NZD/USD rate rose 0.02% to 0.6641. The Canadian dollar is slightly lower than the US dollar, the USD/CAD rate rises 0.01% to 1.3082.
Index, index of the USD strength measurement with the currency basket, which fell 0.12% to 95.44 at 5:24 AM ET (0924GMT).
The US and China have jointly applied the tax rate of 25% to 16 billion of each other's goods when negotiations between the two parties have not reached any agreement. 2 The economy is now in a commercial retaliation for many months now.
Meanwhile, the FED president, Jerome Powell, will have a speech on Friday at the annual meeting in Jackson Hole, Wyoming. Investors will closely monitor to predict the monetary policy. The FED has kept the interest rate unchanged during the 8 month meeting but has been expected to increase interest rates added 2 times this year.
The dollar increased in proportion to the yen with USD/JPY up 0.13% to 111.44. In times of uncertainties, investors often find the Japanese yen as a safe asset.
The Euro rises higher with a EUR/USD rate rising 0.22% to 1.1564. The pound also rose at a rate of GBP/USD up 0.04% to 1.2820.
The Turkish Lira fell slightly in comparison to the dollar. The USD/TRY rate rises 0.12% to 6.0800 when the Turkish market closes the public holiday during the week. The Lira was under pressure for several weeks before the US and Turkey were stressed about the detention of American Pastorers.
Meanwhile, the Australian dollar rose at a rate of AUD/USD rising 0.39% to 0.7275 while the NZD/USD rate rose 0.02% to 0.6641. The Canadian dollar is slightly lower than the US dollar, the USD/CAD rate rises 0.01% to 1.3082.
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