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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The dollar is cutting gains as optimism about trade eases

    Rocky
    Rocky
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    Join date : 2012-12-21

    The dollar is cutting gains as optimism about trade eases Empty The dollar is cutting gains as optimism about trade eases

    Post by Rocky Tue 02 Jul 2019, 5:31 am

    The dollar is cutting gains as optimism about trade eases

    The dollar is cutting gains as optimism about trade eases 16006








    The dollar slipped on Tuesday as investor optimism over earlier progress in US-
    China trade talks eased, while the Australian currency remained unchanged from recent lows after the central bank's decision to cut prices Interest is limited on future monetary easing.
    The yuan lost its gains in early trade, dropping during the session after US President Donald Trump said any deal with China should be leaning toward the United States to some extent, suggesting negotiations would not proceed smoothly.
    Earlier, the dollar index rose against a basket of currencies to its highest level in a week but slipped amid doubts over the resumption of US-China efforts to settle the trade dispute.
    The Australian dollar was up 0.3 percent at $ 0.6983 Tuesday after losing 0.9 percent on Monday, its biggest drop since April 24.
    The dollar index was little changed at 96.790 on Tuesday, the biggest gain since the seventh since March on Monday, thanks to the hopes of Beijing and Washington making progress in trade negotiations.
    The euro briefly fell to its lowest level in eight days to $ 1.1275 before settling at $ 1.1289. The single currency lost 0.7 percent on Monday, its biggest daily loss since March, as disappointing economic data dampened bond yields and bolstered expectations for a cut in the European Central Bank's interest rate.


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