[ad_1] © Reuters Investing.com — The U.S. dollar traded higher in early European trade Tuesday, with risk sentiment hit as disappointing Chinese trade data pointed to continued weakness in Asia’s largest economy. At 03:20 ET (07:20 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.3% higher at 102.190,
[ad_1] Share: Australian Dollar returns to its bearish course after China releases below-expectations trade figures for July. The data suggests Chinese demand for Australian raw materials will lessen. The US Dollar rises on increased safe-haven buying following the poor data. The Australian Dollar (AUD) dives to new monthly lows against the US Dollar
[ad_1] Brent Crude, WTI Oil Analysis Chinese export and import data worsens further, hitting oil markets as global outlook remains vulnerable Brent crude oil heads lower after souring Chinese trade data Brent bulls fail to test big level of resistance at $87 – downside scenarios analysed The analysis in this article makes use of chart
[ad_1] Share: Australian Dollar falls to a temporary support level against the US Dollar on Thursday. The Aussie is relieved by upbeat Australian trade balance data and Chinese services sector PMIs. The general market mood remains depressed, however, broadly favoring the USD over the AUD. The Australian Dollar (AUD) finds temporary support against the
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[ad_1] © Reuters. FILE PHOTO: An informal currency trader holds U.S. Dollar bills on a street, in La Paz, Bolivia March 6, 2023. REUTERS/ Claudia Morales/File Photo LA PAZ (Reuters) – Bolivia’s government is determined to curb dependence on the U.S. dollar for foreign trade, instead turning to the , officials said, as Latin American
