Dollar Gains on Trade Concerns Before Fed Speakers: Inside G-10
Tuesday, 27 November 2018 17:59 WIB | CURRENCIES |Dolar Yen EuroDolar AS

A mixed session for the greenback with the Bloomberg Dollar Spot Index see-sawing between gains and losses before hitting a fresh day high as U.S.-China trade headlines were in focus.

The dollar gains at the Asia-Europe crossover amid thin liquidity as U.S. President Donald Trump ratchets up his rhetoric on tariffs, only to come under pressure after China Foreign Ministry spokesman Geng Shuang says Trump and Xi agreed to reach mutually beneficial agreements

EUR/USD drops as much as 0.2% to 1.1305, where it meets support from option-related interest; expiries Tuesday include 1.1295-00 (EU1.2b) and 1.1400-05 (EU2.2b)

The yen trades mixed versus its G-10 peers as USD/JPY little changed at 113.57; Trump says he™ll probably push forward with plans to increase tariffs on $200 billion of Chinese goods, according to an interview with the Wall Street Journal.

Source : Bloomberg

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