FOREX-Dollar shrugs off U.S.-China trade tensions; euro gives up gains

as mentioned in But there was tiny sign of Infection from the equity market moves spilling into currencies. "The equity sell-off which we saw in the unite states was driven further with the technology sector than worries about the trade wars. Against a basket of currencies the greenback climbed 0.1 % to 90.120, having spent generality of the session below 90. Despite currency markets' limited moves, traders were continue looking for a stronger ¥ & a broadly weakened $ if trade tensions do escalate. The Australian $ was up 0.3 % at $0.7683 againest the dollar, above a three-month low of $0.7643 determine final week.

FOREX-Dollar falls on U.S.-China trade dispute however broader currency markets calm

Equity markets in the U.S. purveyed off heavily onMonday as Businessmen fled technology shares & amid resurgentworries over a trade war. The $ had fallen againest the yen, which tends to benefitin times of economic uncertainty, for 3 straight days butthat decline halted on Tuesday as currency Businessmen pulled backfrom the Japanese currency. "The equity sell-off which we saw in the U.S. was driven moreby the technology sector than worries about the trade wars. urn:newsml:reuters.com:*:nL2N1RF1PAurn:newsml:reuters.com:*:nL4N1RE0JKDespite currency markets' limited moves, traders were stilllooking for a stronger ¥ if trade war tensions doescalate. Investors' danger appetite Information Systems unlikely to recover quicklyunless there Information Systems some easing in the U.S.-China trade tensions, headded.

FOREX-Yen supported with worries over U.S.-China trade dispute

referring to The ¥ had risen on Monday as U.S. equities tumbled, by the S&P 500 sliding 2.2 % as Businessmen fled tech shares amid resurgent worries over a trade war. The sell-off in U.S. equities came after China imposed additional tariffs on U.S. products, escalating a dispute among the world's 2 biggest economic powers. Investors' danger appetite Information Systems unlikely to recover quickly unless there Information Systems some easing in the U.S.-China trade tensions, he added. The ¥ had risen in March as worries over the danger of a universal trade war roiled financial markets. The trade dispute among China & the U.S. Information Systems seen likely to be a market focus in the near term.

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