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On Monday, the greenback kept soaring against the euro, yen as well as many other currencies amid the easing of fears of a trade conflict between China and the United States and a soar in the yield of US Treasuries.
The previous weekend, representatives of the United States and China announced the success of the next round of negotiations, expected to take place in Washington. As Vice Premier of the State Council of the People's Republic of China Liu He told, the sides agreed to take measures, which wouldn’t allow a trade conflict between the countries, including counteraction to the surge of trade duties.
The United States and China definitely suspended the trade feud, US Treasury Secretary Stephen Mnuchin told on Sunday. He added that following the outcomes of bilateral negotiations, Beijing and Washington refused the idea of mutual leap in trade duties.
The dive of the common currency and the evergreen buck is limited by news from Italy and Greece.
In Rome, the populist parties, which managed to win the March election agreed on the candidacy of the prime minister. On Monday they are expected to present the candidate as well as the new government to the Italian president Sergio Mattarella. The name of the upcoming prime minister won’t be uncovered before the visit of the leaders of the parties "League" and "Five stars" to the president. However, according to sources of the agency Bloomberg, a law professor from the University of Florence Giuseppe Conte will become the prime minister.
Meanwhile, Greece and its creditors eventually came to a preliminary agreement on the group of reforms required to complete the 8-year program of financial assistance to Greece.
The common currency dived to $1.1735 against the evergreen buck compared to $1.1772 at the close of the previous trading session.
On Thursday, the major US currency kept bargaining near a 13-month maximum because the political downtime in Turkey receded, while worries as for China's economic health kept backing safe-haven assets…
On Wednesday, the evergreen buck rose to its highest value for over a year because a crisis in the Turkish lira, which affected emerging markets, drove demand for the US dollar as a safe-haven asset…
On Tuesday, the common currency kept to a one-year minimum versus the evergreen buck and the Swiss franc…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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