* USD/JPY bounce from 8-day low, back above 110.00. * U.S. yields off 3-week lows as risk aversion eases. * Prospect of worsening U.S.-China trade feud still cap USD/JPY. * Euro sags after dovish-sounding ECB Draghi. By Shinichi Saoshiro.
The Canadian dollar weakened to
a nearly one-year low against its U.S. counterpart on Tuesday as
an escalating trade dispute between the United States and China
pressured global stock and commodity ...
Brazilian stocks powered back
from a more than one-year low on Tuesday, lifted by bets that an
emerging markets selloff has gone too far, while Latin American
currencies slipped amid worries about a ...
By Sara Sjolin, MarketWatch, Anneken Tappe. China proxy Aussie dollar dives to one-year low. Japan's yen and the U.S. dollar strengthened against their major rivals on Tuesday, as the escalating trade conflict between the world's two biggest economies sent investors scrambling for safer assets.
Argentina's central bank said it did not sell any reserves in an auction following the close of foreign exchange trading on Tuesday. The central bank, under its new governor Luis Caputo, started the auctions on Monday in effort to stabilise the peso currency, which has fallen approximately 10 percent this month.
The dollar and yen rose on
Tuesday as traders piled into perceived less risky currencies
after U.S. President Donald Trump threatened to slap more
tariffs on China, fanning a trade dispute between ...
The Trump administration's threat to slap tariffs on another $200 billion in Chinese goods has reignited fears that Beijing will turn to a powerful but risky weapon: a depreciation of its currency. The latest salvo in the brewing trade conflict between the world's first and second-largest economies would raise the amount of Chinese goods taxed by the U.S. to $450 billion. That would mean tariffs on nearly all of the $505 billion in goods that China exported to the U.S. last year.
* U.S. promises tariffs, Chinese threatens retaliation. * Investors head for the safety of U.S. bonds, Japan's yen. The Aussie dollar takes a thumping, soybean prices swing and German carmaker shares are stuck in reverse.
Currency trading volumes rose 16 percent in May versus a year earlier, data from CLS showed on Tuesday, though monthly volumes were flat against April's despite more foreign exchange volatility.
By Sara Sjolin, MarketWatch, Anneken Tappe. Japan's yen and the U.S. dollar were stronger against their major rivals on Tuesday, as the escalating trade conflict between the world's two biggest economies sent investors looking for safer assets. Trade tensions between the U.S. and China were already heightened, when President Donald Trump threatened to slap new import levies on up to $400 billion of Chinese goods late Monday, on top of the $50 billion his administration has already...
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