Sunday, January 29, 2023
Forex Broker News
  • Home
  • Forex Broker Reviews
    • All
    • Preferred Brokers
    • Regulated Brokers
    • Unregulated Brokers

    VastWealth Review

    Stockscale Review

    Fibinex.io Review

    Homefx-Plus Review

    StockHome.io Review

    LegacyFX Review

    Crypto Dock Review

    City Index Review

    Forex.com Review

  • Broker Types
  • Forex & Fintech Jobs
  • News
No Result
View All Result
  • Home
  • Forex Broker Reviews
    • All
    • Preferred Brokers
    • Regulated Brokers
    • Unregulated Brokers

    VastWealth Review

    Stockscale Review

    Fibinex.io Review

    Homefx-Plus Review

    StockHome.io Review

    LegacyFX Review

    Crypto Dock Review

    City Index Review

    Forex.com Review

  • Broker Types
  • Forex & Fintech Jobs
  • News
No Result
View All Result
Forex Broker News
No Result
View All Result
Home News Forex Broker News fxpro

Dollar hits two-week high on yen, yuan up after China-U.S. trade call

A telephone call between top U.S. and Chinese trade negotiators lifted the dollar to a two-week high against the yen while China’s yuan edged up on Tuesday, due to optimism that the two sides will soon agree an interim deal to halt their trade war. Chinese Vice Premier Liu He, U.S. Trade representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin discussed issues related to a “phase one” trade agreement and agreed to maintain communication on remaining issues. The dollar rose as high as 109.205 yen JPY=, its strongest in two weeks, before settling back at 109.01 yen to show a gain of 0.1% from the previous close. The yuan also rose to 7.240 to the dollar CNY=CFXS, about 0.15% higher than the previous close.

On Monday, China’s Global Times, a tabloid run by the ruling Communist Party’s official People’s Daily, said the two countries were very close to a “phase one” trade deal. “China appears positive to the deal. The dollar could rise further to around 109.50 if U.S. officials will visit China,” said Yukio Ishizuki, senior strategist at Daiwa Securities. Last week, the Chinese government invited Lighthizer and Mnuchin to Beijing for face-to-face talks, the Wall Street Journal reported.

The euro softened to $1.1008 EUR=, near the one-week low of $1.10035 touched on Monday. Sterling traded at $1.2894 GBP=D4, supported by hopes that the ruling Conservatives could win a majority in the Dec. 12 election to end a hung parliament. Against the euro, the British unit stood at 85.365 pence per euro, near a six-month high of 85.22 touched Monday last week. The Australian dollar fetched $0.6772 AUD=D4, having touched a one-month low of $0.6768 overnight.

Dollar hits two-week high on yen, yuan up after China-U.S. trade call, Reuters, Nov 26

ADVERTISEMENT
Share197Tweet123ShareSend

Related Posts

fxpro

Ebay Wave Analysis – 18 December, 2019

November 4, 2022
fxpro

EURUSD Wave Analysis – 18 December, 2019

November 4, 2022
fxpro

Christmas and New Year Holiday Trading Schedule

November 4, 2022
fxpro

Bit-comment: Bitcoin bounced after the drop

November 4, 2022
fxpro

US Fed Official Says 50% of Bitcoin Transactions Associated With Illegal Activity

November 4, 2022
fxpro

NTGUSD Wave Analysis – 18 December, 2019

November 4, 2022

Select one of the Best Forex Brokers for your Trading  |  Read the Reviews

VastWealth Review

Stockscale Review

Fibinex.io Review

Homefx-Plus Review

StockHome.io Review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. forexbroker.news is an affiliated partner with various Forex brokers and may be compensated for referred Forex traders.

Risk Disclosure: Forexbroker.news assumes no liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and forex signals. Operations in the international foreign exchange market contain high levels of risk. Forex trading may not be suitable for all investors. speculating only the money you can afford to lose. Forexbroker.news remind you that the data contained in this website is not necessarily real-time and may not be accurate. All stock prices, indexes, futures are indicative and not appropriate for trading. Thus, Forexbroker.news assumes no responsibility for any trading losses you might incur as a result of using this data.You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Disclaimer: It is our organization's primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While ForexBroker.News has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by ForexBroker.News, nor shall it bias our reviews, analysis, and opinions.

  • Privacy Policy
  • Contact US
  • Terms of use,

Copyright © 2020 forexbroker.news

No Result
View All Result
  • Home
  • Forex Broker Reviews
  • Broker Types
  • Forex & Fintech Jobs
  • News

© 2020 https://forexbroker.news - Forex Broker news & magazine