The price of the US dollar rose slightly against the\nJapanese yen on Thursday, while there were no clear changes in the prices of risk-sensitive\ncurrencies pending the easing of trade tensions between the United States and\nChina in the hope of returning some balance to global economic growth.<\/p>\n\n\n\n
The dollar rose against the Japanese yen by 0.2 per cent to\nreach the of 109.53 yen per one dollar, after rising to its highest price in 6\nmonths at 109.73 yen per dollar earlier this month. Whereas, the existing\ncurrency moved very slightly against the US dollar, with the EUR \/ USD pair\ntrading at $1.10905. The Australian dollar remained steady against the US\ndollar, as the price of the pair reached $ 0.6927, which remains lower than the\n4-month high of $ 0.6939 earlier this month. Whereas, the kiwi was trading at\n0.6648 dollars, near the pair’s highest level in 5 months.<\/p>\n\n\n\n
Global currency markets remained in the mood for holidays\nafter Christmas yesterday, Wednesday, and there are still many closed positions\non Thursday. However, traders took positive action after Washington and Beijing\nreached a tentative agreement on trade earlier this month, which is expected to\ncontinue to support risky assets.<\/p>\n\n\n\n
In the currency markets, the strong risk appetite usually\ntranslates into more safe-haven selling, such as the yen versus the currencies\nthat increase due to growth, especially in China, such as the Australian\ndollar.<\/p>\n\n\n\n
Experts believe that the stock markets have witnessed major\nmovements against the currency markets, which have had a limited reaction so\nfar, but they believe that currencies will soon witness similar movements.<\/p>\n\n\n\n
China has said that it is now in close contact with the\nUnited States regarding the signing ceremony of the trade agreement, after US\nPresident Donald Trump said on Tuesday that he and Chinese President Xi Jinping\nwill organize the signing ceremony of the recently agreed trade deal.<\/p>\n\n\n\n
Finally, the Chinese yuan appreciated slightly to 6.9895\nyuan per dollar, an increase of 0.09%. Elsewhere, the pound traded at $1.2996\nper pound, a slight increase from the levels that the pair reached before the\nChristmas holidays, although it is still less than the peak reached by the\nhusband on December 13 at $1.3516 per pound.<\/p>\n","protected":false},"excerpt":{"rendered":"
The price of the US dollar rose slightly against the Japanese yen on Thursday, while there were no clear changes in the prices of risk-sensitive currencies pending the easing of trade tensions between the United […]<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":1544,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[49],"tags":[93,17,28,27,52,69,50,77,36,34,145,114,25,26,29,48,24,78,131,44,109,121,39,81,85,115],"_links":{"self":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1543"}],"collection":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/comments?post=1543"}],"version-history":[{"count":1,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1543\/revisions"}],"predecessor-version":[{"id":1545,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1543\/revisions\/1545"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/media\/1544"}],"wp:attachment":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/media?parent=1543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/categories?post=1543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/tags?post=1543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}