Friday, 15 February 2019 09:50 WIB |
CURRENCIES |AussieDolar Australia,
The Australian and New Zealand dollars slipped as risk sentiment weakened after concern over U.S.-China trade negotiations resurfaced. The yen strengthened against the greenback for a second day.
The Aussie and kiwi pared their weekly advance as trade talks between the world's two largest economies in Beijing were said to show few signs of progress. That dented optimism spurred earlier this week by U.S. President Donald Trump's comments that the dialogue was going very well.
The high-level trade talks between the U.S. and China were set to wind up Friday, with time running out to reach an agreement that would avert an increase in American tariffs on Chinese goods by March 1.
Bloomberg Dollar Spot Index rose 0.1% after losing 0.2% on Thursday, when an unexpected drop in U.S. retail sales for December triggered a slide in Treasury yields.
The Aussie and kiwi both extended declines after data showed China™s inflation unexpectedly slowed to a one-year low in January.
AUD/USD fell 0.3% to 0.7085, while NZD/USD dropped 0.3% to 0.681.
USD/JPY fell 0.1% to 110.32, still up 0.5% on the week.