The Australian Dollar slumped into the new week Monday after official data revealed a surprise and steep fall in the value of Chinese goods imports took place last month, stoking fears for the health of the world’s second largest economy and putting the Aussie under pressure again.Read more…
Mexican peso jumps after Trump calls off tariffs on Mexico
The Mexican peso jumped against the dollar early in Asia on Monday after the United States and Mexico struck a migration deal late last week to avert a tariff war, providing much-needed relief to fragile market sentiment.Read more…
G20: Trade wars threaten world economy
Following a G20 meeting Sunday that brought into sharp focus the differences between the United States and other countries, the world’s top financial policymakers admitted that trade tensions had worsened and posed a threat to the global economy.Read more…
Pound May Slide to a Two-Year Low With a Brexiteer Prime Minister
The pound may slide to a two-year low if a hardline euroskeptic takes over as U.K. prime minister, according to a Bloomberg survey of analysts. Read more…
Dollar weaker after disappointing jobs number, peso rises on trade news
The dollar dropped on Friday after a disappointing jobs number signaled a weakening labor market.Read more…
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