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11 September 2018 11:13 pDirect : The US dollar fell against major currencies during trading on Tuesday, awaited developments in trade crisis between China and the United States and with the political and economic developments in Europe.
By 7:50 am GMT, the dollar was down 0.3 percent at $ 1.1632, while the yen gained 0.4 percent to 111.53 yen.
The euro rose as Italy's economy minister said this week that he expected bond yields to fall as the government began implementing its policies to revive the economy with prudent financial measures.
The 10-year Italian Treasury yields fell to a six-week low after suffering a sharp rise last year due to the country's budget for next year.
Last week, the country's finance minister announced that his country's financial budget would help "cool down the nerves of investors" when they are unveiled in the coming weeks.
The greenback fell against the British pound at $ 1.3067, down 0.3%, and fell 0.1% against the Swiss franc at 0.9738 francs.
Michel Barnier, EU negotiator for the BRIC, said yesterday that an agreement on the UK's exit from EU membership would be reached within six to eight weeks.
The main dollar index, which measures the performance of the currency against 6 major currencies, fell by 0.2% to 94.936.
Global trade tensions are continuing with no solution between the United States and China, and continuing threats by US President Donald Trump to apply more tariffs.
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