Japan's yen gains, yuan down on trade woes, Hong Kong strife
Thursday, 21 November 2019 16:34 WIB | CURRENCIES |Dolar AS Yen

The Japanese yen firmed against the dollar on Thursday after sources close to the White House told Reuters that a U.S.-China trade deal is unlikely this year, shattering investor hopes of a partial agreement soon and boosting safe-haven assets.

The Chinese yuan fell to a three-week low in onshore trade on concern that a failure to reach a deal to roll back U.S. tariffs could deal a fresh blow to China's stuttering economy.

The dollar was little changed at $1.1077 versus the euro and a touch weaker against the British pound at $1.2934.

Source: Marketwatch

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