USD little changed; Mr. Trump wants the Hong Kong issue to be resolved first - News of international financial, securities and currency markets

Ads Top

USD little changed; Mr. Trump wants the Hong Kong issue to be resolved first

The dollar was little changed in today's session on Asian markets as investors remained cautious waiting for the Fed to announce the meeting minutes this weekend.

The US Dollar Index, which tracks the greenback against other basket currencies, remained almost unchanged at 98,072 at 12:37 AM ET (04:37 GMT).

All attention will be focused on the Fed as investors wait for the central bank's response to concerns about the economic recession after the US Treasury Bond's interest rate reversed in the week. before.

Fed will announce the minutes of the July meeting on Wednesday, while Fed Chairman Jerome Powell will have a speech on Friday.

Meanwhile, USD / CNY exchange rate decreased by 0.1% to 7,0446.

The People's Bank of China set the yuan reference rate at 7,0365 today, higher than Friday's 7.0312.

The developments in China-US trade war are being watched. US President Donald Trump said the trade war with China did not harm the United States and its economy was still "very good".

"Our domestic consumers are very rich, I have reduced taxes a lot and they have a lot of money available," Mr. Trump said on Sunday. The president also reiterated that he was not ready to make a trade deal with China, suggesting that he wanted to see Beijing deal with protests in Hong Kong first.

"I want to see the Hong Kong issue resolved in a humane way," Trump said. "I think that would be good for a trade deal."

Tech giant Huawei is also the focus today when US President Donald Trump said he did not want to do business with the company "at all because this is a national security threat".

Previous Wall Street and Reuters magazines have reported that the United States is preparing to renew its license to allow Huawei to buy components from US companies for 90 days. The current agreement will end today. "We will see what happens. I can make a decision tomorrow," Trump said.

USD / JPY exchange rate remained unchanged at 106.36. The Dong Yen - safe haven channel was under pressure early today in the hope that policy makers will release new stimuli amid a slowing global economy.

On Saturday, the People's Bank of China said it will improve its basic lending rate determination mechanism: "market-based reform methods can be used to help reduce actual lending rates." ".

AUD / USD increased slightly by 0.1% to 0.6783, while NZD / USD exchange rate dropped by 0.1%.

Không có nhận xét nào:

Được tạo bởi Blogger.