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The dollar remained near one-month lows against the euro on Tuesday, but gained against the yen after a U.S.-Mexico deal aimed at overhauling the North American Free Trade Agreement boosted appetite for riskier assets. The agreement put pressure on Canada to consent to new terms in order to preserve a Read more

The Chinese yuan gained on Monday as the People’s Bank of China (PBOC) stepped in to support the currency by re-introducing a counter-cyclical factor to its daily fixing mechanism. The USD/CNY pair traded at 6.8099 by 1:15AM ET (05:15 GMT), down 0.1% after China’s central bank on Monday lifted its official yuan midpoint more Read more

The dollar held onto recent gains in early trade on Friday after U.S. and Chinese officials ended two days of trade talks without any major breakthroughs. The talks between the two nations ended as their trade war escalated on Thursday after a new round of U.S. tariffs kicked in on Read more

The dollar advanced for the first day in six on Thursday as new U.S. tariffs on $16 billion of Chinese imports are set to take effect later Thursday, while China said it would impose retaliatory tariffs on the same amount of U.S. goods. The U.S. Dollar Index, which tracks the greenback against a Read more

The dollar was little changed, while the Japanese yen slipped on Wednesday after climbing overnight following reports that U.S. President Donald Trump’s longtime lawyer Michael Cohen admitted to making illegal payments and committed other crimes to influence the 2016 election. The U.S. dollar index, which tracks the greenback against a basket of other Read more

The U.S. dollar slipped on Tuesday after U.S. President Donald Trump said he disagreed with the Federal Reserve’s decision to raise interest rates. The U.S. Dollar Index, which tracks the greenback against a basket of other currencies, was down 0.3% to 95.39 by 1:20AM ET (05:20 GMT). “I should be given some help Read more

The U.S dollar was little changed on Friday, while the Chinese yuan slipped after posting its biggest daily gain since January 2017 in offshore trade on Thursday following news that China and the U.S. will resume trade talks later in August. The U.S. Dollar Index, which tracks the greenback against a Read more

President Donald Trump has repeatedly called for a weaker U.S. dollar in a bid to help U.S. exporters, but his recent trade policies, including the imposition of import tariffs on some Turkish goods, have had the opposite effect of strengthening the greenback. The dollar this week rose to a 13-month Read more

The U.S. dollar advanced on Wednesday after hitting another 13-month high in the previous session as safe-haven demand increased amid lingering concerns over the Turkish lira crisis. The U.S. dollar index, which tracks the greenback against a basket of other currencies, rose by 0.18% to 96.72 by 1:30AM ET (05:30 GMT), just below Read more

The Turkish lira stabilized while the U.S. dollar slipped on Tuesday as Turkey’s central bank promised to save the country’s financial crisis. Turkey’s central bank announced on Monday a series of measures to offer liquidity and cut reserve requirement for banks, in a bid to saving lira from its crisis Read more