country flagالعربية

The dollar is settling against major currencies in early trading and the yuan is retreating

2018-12-06 08:18 am | Resource: News | No Views : 176

The US dollar was little changed on Thursday as the US dollar came under pressure this week amid concerns about economic growth following the reversal of the US Treasury yield curve.

US government bond prices rose on Thursday, leading to sharply lower yields and a decline in the curve, but the yield on five-year US Treasury bonds remained below the record level of two years. Following the sale of equities in Asia Pacific and the decline in European index futures, bond markets issued by the Treasury Department in Washington have been more stable.

The yield on two-year bonds fell 3.7 basis points at 8:18 CET to 2.791%. The yield on the five-year and ten-year bonds fell 1.9 points to 2.77% and 1.2 to 2.9%, respectively. The 30-year index fell 1.4 points to 3.157%. Futures futures prices grew 0.03%, 0.08%, 0.09% and 0.2%, respectively.

As Sabrina Mingwangju, a financial officer at Huawei, was arrested in Canada, fears over the loose agreement between the United States and China have returned to work to resolve the huge trade dispute and reach a comprehensive bilateral agreement.

While the yuan fell after the arrest of the chief financial officer of Huawei Technologies giant. Meanwhile, the Justice Department said Wednesday that Meng Wanzhu, Huawei's chief financial officer, was arrested in Vancouver for violations of US sanctions. It faces extradition to the United States, according to various media outlets.

Dollar trading against currencies
  • The US dollar index traded down 0.04%. At 96.970
  • The dollar rose yuan  0.32% to hit 6.8777.
  • The dollar was mixed against the euro as the dollar was trading at 1.1329
  • The dollar rose  of the yen, the dollar rose in European trading after falling against the yen in Asia to trade at 113.05
  • The Aussie dollar fell 0.6% to 0.7225.
  • GBP / USD fell 0.05% to hit 1.2727.

Other analysis

Best Opportunities, Vision and Technical Analysis for the USD/JPY pair 17 April 2019

We offer you the analysis of the US dollar against the Japanese Yen on Wednesday, April 17, 2019 with the most important expectations for the dollar against the Japanese yen on the market. Time frame Used - four hours The USD/JPY is moving in a bullish direction in the near term. USD/JPY is still facing resistance and selling pressure around 112.10 as the USD-JPY closed yesterday's session down below 112.00…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.