The greenback hovered near a half a year top versus the safe-haven Japanese yen. As the USD was growing stronger the Australian dollar too advanced to its most important level since July last Friday, boosted by positive indications from China-US trade matter. The belief concerning potentialities for a Phase 1 trade agreement reduced the demand for safe-haven currencies like the yen. But, with global currency markets in a holiday mood following Christmas Day on Wednesday, the general trading action was mostly limited.
Gold scores 60-day top while greenback falls
Weekly Report - 30/12/2019