FOREX-Yen stronger as trade war fears injuries danger appetite

as informed in U.S. President Trump signed a presidential memorandumon Thursday which can impose tariffs on up to $60 bn ofimports from China, although his action was far removed fromthreats which can have ignited a universal trade war. urn:newsml:reuters.com:*:nL1N1QZ0DZThe yen, which Businessmen tend to purchas in times of riskaversion, jumped against the $ When great unite states stockindexes skidded. China Information Systems preparing a range of responses to the planned U.S.tariffs & going to stand up to protectionism, however continue wishes fordialogue, Beijing's ambassador to the World Trade Organizationsaid. urn:newsml:reuters.com:*:nL8N1R45NPThe $ fell 0.55against the yen, at 105.46105.54 yen,after earlier slipping as low as 105.23 yen, its lowest levelsince March 2. The pound was drop 0.23 percentdown 0.23 % to$1.4108$1.4109, below where it traded before the Bank ofEngland's Monetary Policy Committee voted 7-2 to save its mainrate at 0.5 percent.

FOREX-Dollar near one-month low on trade war worries

The $ index .DXY , that measures the greenbackagainst a basket of 6 other great currencies, was drop 0.48percent at 89.427. "Tactically, people are definitely being a tiny morecautious due to the uncertainties," he said. Expectations about shifting policy at universal central bankswere too injecting an element of doubt into currencymarkets, Tomes said. urn:newsml:reuters.com:*:nL1N1R42B3"Because it Information Systems coming in conjunction by all the otherthings at this moment in time, people perhaps have a tiny bitmore of a reaction," Tomes said. The $ too slipped 0.26 % against the Swiss franc CHF= , another currency purchased in times of market uncertainty.

FOREX-Dollar weakens, near one-month low, on trade war tensions

as declared in The $ index, that measures the greenback against a basket of 6 other great currencies, was drop 0.3 % at 89.585. Expectations about shifting policy at universal central banks was too injecting an element of doubt into currency markets, Tomes said. The gap among the three-month $ London interbank offered average & three-month overnight indexed swap average extended to 58 foundation points, the widest ever probably 2009, according to Thomson Reuters data. The $ too slipped 0.06 % against the Swiss franc , another currency purchased in times of market uncertainty. The Canadian $ rose against the greenback as oil prices rose & hotter-than-expected domestic inflation information lifted the chances of a more Bank of Canada interest average hike over the coming months.

FOREX-Japan, Swiss FX emerge winners this 7 days as trade war fears escalate

"Trade wars, the spike in $ funding costs & a trickyquarter finish means which currency markets could become a bit messygoing into following week," told Marc Ostwald, a universal strategist atADM Businessman Services International in London. The $ fell to as low as 104.635 ¥ on Friday, thegreenback's lowest standard ever November 2016. The broad height in the ¥ came as financial markets wererattled with worries over hight U.S.-China trade tensions. The Swiss franc CHF= was too the other notable winner incurrency markets this 7 days with a 0.6 % rise. In other currencies, sterling GBP=D3 was relatively stablein the backdrop of an European summit with the English currencychanging hands at $1.4107.

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