FOREX-Dollar slips as trade war worries linger; euro climbs

according to "I think some of this Information Systems linked to trade war tensions. That theme has been coming & going these past few days," told Brad Bechtel, managing director FX at Jefferies, in fresh York. Meanwhile, the euro , was up 0.32 % against the greenback. A slide in stock markets this year hasn't materially influenced euro region financial conditions, ECB President Mario Draghi told on Monday, suggesting which policymakers remember calm about the recent market volatility. Sterling climbed against the $ & the euro, boosted with information showing English home prices rose further than foreseen in March.


FOREX-Dollar expands gains into 3rd 7 days as trade war fears nag

The $ rose 0.2 % against a basket of currencies extending earlier gains. Trade war worries have prompted Businessmen to trim their record bearish bets against the greenback, by latest positioning information showing which internet short bets against the $ have fallen for the 2nd week. UBS strategists tell a trade war would injury Asian exports & prompt outflows from export-oriented equity markets like Singapore, Malaysia & Taiwan. LISTLESS EUROMeanwhile, the euro was broadly stable in spite of 2 latest survey points which added to the latest bunch of lacklustre headlines from the euro zone. "The trade information series could be a bit volatile however there Information Systems no denying the reality which the euro has lost a bit of momentum in recent days," Altan's Gunner said.

FOREX-Dollar extends gains into third week as trade war fears nag

FOREX-Dollar rallies as trade war fears ease

referring to White home economic adviser Larry Kudlow told on Thursdayhe expects the U.S. & China to work out their tradedifferences over time & which trade barriers likely "will comedown on both sides." The nation's state newsagency Xinhua told on Thursday China going to beat any trade war withthe United States. urn:newsml:reuters.com:*:nL4N1RI3S2Beijing on Wednesday imposed tariffs on key U.S. importsincluding soybeans, planes, cars, beef & chemicals in responseto similar measures from the United States. In a broader sign which universal currency markets had not beenrattled, a basket of currency options of the great currenciesticked towards 2018 lows of 7.8 after a spike in February. Against the yen, the $ features to a 10-week high of107.25 ¥ & was final up 0.4 % at 107.23 JPY= .






collected by :John Locas

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