Home
Dollar weakens amid US-China trade talks
 |
Economy News - Baghdad
The dollar fell against the yen on Thursday as uncertainty over when the United States and China signed a preliminary trade deal encouraged traders to relinquish some creditor positions.
Trade uncertainty also lifted the yen, which is considered a safe haven against the euro and the Australian dollar.
Sterling hit a one-week low ahead of the Bank of England's scheduled meeting later on Thursday. No change in policy is expected, but investors are focusing on how the bank will respond to the uncertainty surrounding Brexit.
The dollar was surprised on Wednesday after a senior administration official told Reuters the signing of the so-called first phase of a trade deal could be delayed until December.
The dollar fell 0.24 percent on Thursday to 108.73 yen.
The United States and China imposed tariffs on each other's goods in a 16-month-old trade war that spilled over into financial markets and slowed investment and global growth.
Investors hope an initial agreement between the United States and China will eliminate some tariffs, but negotiations between Washington and Beijing are difficult, making an agreement uncertain.
In domestic market trading, the yuan fell to $ 7.0163, extending its slide from a two-and-a-half month high of $ 6.9880 hit on Tuesday as optimism about a near-term settlement of trade disputes subsided.
The yen rose about 0.27 percent to 120.27 euros and gained 0.4 percent to 74.71 against the Australian dollar.
The dollar index, which tracks the performance of the greenback versus a basket of six rival currencies, was steady at 97.985.
The pound traded at $ 1.2848, after briefly touching the lowest level since October 29. Against the euro, sterling traded at 86.11 pence, confined to a limited range.
The euro traded at $ 1.1061, little changed in the session after falling slightly by 0.07 percent on Wednesday.
» Deputy: 80% of Iraq's factories have turned into "scrap iron".. 3 reasons behind the disaster - Urge
» PARLIAMENTARY LEGAL INCLUSION OF LECTURERS AND ADMINISTRATORS TO RESOLUTION 315 WITHIN THE 2022 BUDG
» Iraq Promises Iran To Pay Gas Debts Soon, And Tehran Offers Its Services To Solve The Problem Of Des
» The Council of Ministers holds its session headed by Al-Kazemi
» The Finance Committee sends an invitation to members of the House of Representatives regarding the p
» Parliamentary law sets the date for voting on the law criminalizing normalization with the Zionist e
» KTFA Members "News and Views" Monday Afternoon 5-23-2022
» Monday Night KTFA CC with Frank26 "Bird of Paradise: 5-23-2022
» Al-Bayati: The Kurdish House Will Join Any Coalition That Guarantees Its Interests... The Breakthrou
» A Deputy Calls For An Emergency Meeting After The “Al-Islah” Massacre.. 3 Big Question Points
» Al-Bolani Talks About “Agreement Week” To Produce A New Political Plan
» Calls To Open The File Of The Al-Halbousi Party’s Wealth: Its Headquarters In Baquba Is Worth One Bi
» Frustration Hits The Trio After 7 Months Of Failing To Achieve His Ambitions
» Al-Halbousi's Competitors Sneak Through The Parliament's Back Door And Signals Of Dismissal Are Eman
» Political Activist: Al-Halbousi Acquired Nineveh's Money And Transferred It To Anbar
» Al-Zobaie: Al-Halbousi's Behavior Will Lead Him To Dismissal Soon
» Deputy: Unemployment Reaches A Critical Point, The Most Dangerous After 2003
» Deputy: Unemployment Reaches A Critical Point, The Most Dangerous After 2003
» Economist: Oil Prices Will Continue To Rise, And Iraq Faces An Opportunity For Urban Development
» Al-Zanki: The Government Has Abandoned Its Role In Curbing Price Hikes
» With the participation of more than 200 companies .. Erbil hosts an international exhibition for bui
» Lebanese banks in Baghdad withdraw voluntarily
» Kurdistan Islamic Union of Maliki: The problems between Baghdad and Erbil require a quick solution
» Ammar al-Hakim informs the King of Jordan of his support for the Basra-Aqaba oil pipeline project
» European official: We have close cooperation with Iraq in the fight against terrorism
» Israel seizes the space orbit of Iraq (document)
» The Security Council of the Region responds to the factions: Any aggression against Kurdistan will h
» Subject to change according to need.. 25 trillion dinars “balance” for food security and the cancell
» Kurdistan Democratic Party: Our position is firm regarding the presidency
» More than 90% of students do not understand what they read.. The World Bank is financing an educatio
» Oil prices fall amid fears of recession and weak consumption
» The Agricultural Bank launches financing for the purchase of housing units within investment complex
» Voluntary qualifiers for Lebanese banks in Baghdad... and an Iraqi commentary (photos)
» The stability of gold prices in the Iraqi markets
» Official statistics: More than 2,280 hotels in Iraq and Erbil are the first to have "five-star" hote
» Ports of Iraq: receive 12 oil tankers at the specialized port of Khor Al Zubair.
» Basra crude rises and records more than 103 dollars
» The Iraqi parliament is discussing the payment of 1.6 billion dollars for Iranian gas
» An economist indicates a great danger to desertification and sends an important message
» Saleh calls for the implementation of constitutional entitlements
» A new initiative from the region to decode the blockage
» Al-Kazemi receives a delegation from the European Parliament
» Iraqi political forces await "white smoke" from Erbil
» Parliamentary direction to impose strict control over the funds of the emergency support law
» Western countries are moving to obtain their oil needs from Iraq
» A summit meeting soon brings together the Democratic Party and the Patriotic Union.. The doors of “A
» The World Bank agrees to fund a new project for education in Iraq
» Planning delivers good news for contractors
» Dollar exchange rates in the local Iraqi markets
» A government bank renews the warning against "fake" offices and pages
» The President of the Republic receives the Secretary-General of the Kurdistan Islamic Union
» The President of the Republic: The terrorist attacks that targeted Kirkuk and Diyala are despicable
» Parliamentary legal reveals the existence of 120 neglected laws from previous parliamentary sessions
» The rule of law calls on political blocs and influential decision-makers in the political scene to c
» Member of the framework: Al-Kazemi's renewal for a second term is one of the compromise solutions to
» The Ministry of Higher Education resolves the controversy over the existence of a decision on gender
» General Traffic determines the amount of fees for replacing the new unified plates
» The President of the Republic to the European Parliament delegation: The danger of terrorism cannot
» Al-Kaabi addresses the Ministry of Finance regarding the free lecturers (document)
» Dollar exchange rates in the Iraqi market
» In numbers.. Disclosure of the volume of Saudi trade with Iraq and Arab countries in 2021
» [size=35][size=35]Al-Rasheed warns against dealing with fake offices to grant advances and loans[/si
» Al-Hakim and the Jordanian King discuss strengthening the relations of the two countries at all leve
» Al-Zamili chairs the parliamentary security meeting and the European delegation for foreign affairs
» Parliament gives good news to the lecturers - urgent
» Political splits..a new "stumbling block" in the face of government formation
» Zidane and the delegation of the Kurdistan Islamic Union discuss the legal problems of the region
» Al-Attar meets the Kurdistan Islamic Union... Al-Amiri is very optimistic!
» A strong response from the Kurdistan Democratic Party to the statement of the Coordinating Committee
» Al-Zamili: The danger of extremism still exists and threatens everyone
» Parliamentary meeting to discuss the Food Security Law before referring it to the second reading
» Miss Desire
» MilitiaMan and Clare "News and Veiws" Saturday PM 5-21-2022
» He did not abide by the court's decision.. Parliamentary integrity talks about disavowal from Kurdis
» The Parliamentary Economy Is “Dissatisfied” With The Lack Of Transparency In Kurdistan Oil Contracts
» Politician: The Reconstruction Fund Finances Al-Halbousi Economics Offices In The Governorates
» The Framework: The Initial Understandings Included 70% Of The Kurdish Forces..Support Interacts
» Planning Intends To Launch A New Strategy To Reduce Poverty
» Planning Projects In 5 Areas Are Included In The Chinese Agreement
» Iran Is Preparing 4 Border Posts With Iraq To Cross The Arbaeen Pilgrims
» Document .. Federal Oil announces that it will "take over" the management of the export of crude fro
» Al-Maliki fears the judiciary: it is the last pillar of the stability of the political process
» Baghdad reveals the "restructuring" of oil contracts in Kurdistan and threatens violators with legal
» 7 Chaired Parliamentary Committees.. Women's Disputes Obstacles to Choosing the Chairperson of "Wome
» Finance Committee: The Food Security Law will include the addition of 500 billion dinars to serve Ba
» Khazali reveals that al-Sadr accepted deputies from al-Maliki's coalition to form a government and u
» The Presidency of the Region denies its request from the UN Security Council to mediate between Erbi
» Efforts for a “legal justification” granting Al-Kazemi’s government the authority to send the budget
» Al-Sadr's rejection of it...Iranian movement "of another kind" to end the political blockage
» Extension of "surprised" that five deputies withdrew from it at night
» Representatives who resigned from “Extension” demand evidence: “The people must behave.”
» Sunday Today's auction.. more than 185 million dollars in bank sales from foreign remittances
» The Iraqi Stock Exchange records trading of more than 10 billion dinars in a week
» Baghdad markets close at a drop in dollar prices
» Governmental bank amends real estate purchase murabaha instructions for employees
» Al-Rafidain Advances and Loans: Sponsoring Defense and Interior Ministry employees is acceptable
» Iraq raises its holdings of US bonds to more than two billion dollars
» Turkey ignores Iraq's water demands and its delegation fails to visit Baghdad