On Wednesday the high demand dollar fought to keep its price levels while decreasing optimism for any short-term US-China trade agreement renewed safe-haven interest and sent US bond yields to their weakest levels after 3 years. The dollar index versus a box of six main rival currencies was a tone below at 96.696 following a retracement from 96.874 reached yesterday. The greenback dropped about 0.3% to 107.579 yen and moving away from a 12-day top of 108.534 reached this week.
US-CHINA: Deal still far away
Daily Analysis - 03/07/2019