US Dollar Sideways on Renewed Tariffs on China

May 06,2019 16:00   Source:Earnforex
The US dollar is trading sideways against several major currencies, suggesting that investors are waiting to see the fallout from an announcement that the White House is raising tariffs on $200 billion on Chinese imports by the end of the week. With data light on the calendar in the coming days, traders are focused primarily on geopolitical events surrounding the buck. Recently, President Donald Trump tweeted that the US government would be increasing […]

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