US Dollar Mixed As Tariffs on Chinese Goods Go Into Effect

May 11,2019 14:35   Source:Earnforex
The US dollar is surging against some currencies and sliding against others at the end of the trading week as tariff hikes on Chinese imports went into effect. With inflation meeting market expectations, investors are focused more on another hiccup in the US-China trade war deliberation, which may linger into the summer and cause market strife. On Friday, US tariffs on $200 billion in Chinese goods rose from 10% to 25% after […]

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