|Day's range||6.436 - 6.479|
|52-week range||6.2342 - 6.8452|
The yen and dollar rallied against other major currencies on Tuesday, as fears of an escalating trade conflict between the world’s two biggest economies sent investors looking for shelter. Trade tensions between the U.S. and China have been on the rise recently, but they intensified significantly on Monday when U.S. President Donald Trump threatened to slap up to $400 billion more in tariffs on Chinese goods, on top of the $50 billion his administration has already detailed. The dollar fared well against major currencies other than the yen, and that helped lift the U.S. ICE Dollar Index (IFUS:DX-Y.NYB) 0.3% to 95.119.
Investing.com - The yen strengthened against the dollar in morning trade in Asia Tuesday after U.S. president Donald Trump raised the possibility of imposing new tariffs on US$200 billion worth of Chinese goods. Investors are entering risk-off-mode as worries mount over a U.S.-China trade war and the risk-off mode is benefiting the safe-haven yen.
Investing.com – The yen slid against the dollar on Friday morning trade in Asia after the Bank of Japan kept interest rates unchanged, in line with market expectation, even as the U.S. is set to release an updated list of Chinese products to target with tariffs.
Investing.com – The Japanese yen and Korean won gained a little ground against the dollar in morning trade in Asia while the Aussie dollar come under pressure after a weaker-than-expected jobs report.
Investing.com - The dollar stayed strong in morning trade in Asia Wednesday ahead of a policy meeting at the U.S. Federal Reserve expected to shed some light on how many times interest rates may go up this year.
Investing.com - The dollar edged up to a three-week high on Tuesday as investors hope to see a positive outcome from the highly-anticipated U.S.-North Korea summit that could potentially ease tensions on the Korean Peninsula.
Investing.com- The dollar slid while safe-haven yen edged higher in Monday morning trade in Asia after U.S. President Donald Trump left the G7 Summit early and later tweeted that the U.S. was backing out of the joint communique. Investors are looking ahead to the Trump-Kim meeting later this week and policy reviews by the world’s three major central banks.
Investing.com - The dollar slid in morning trade in Asia Thursday, staying on the bearish track from the previous day. The Aussie was also losing ground to the dollar after Australia reported a weaker-than-expected April trade surplus.
Investing.com – The dollar fell below the 94 level in morning trade on Wednesday, while the Aussie got a lift from upbeat growth data that beat expectation.
Investing.com - The dollar remained steady in morning trade in Asia Tuesday, hovering near the 94 value, while the Aussie looked bearish ahead of the rate decision of Reserve Bank of Australia (RBA) that will come later in the day. The yen dropped after Japan posted softer-than-expected home spending data.
Investing.com - The dollar opened the week sliding in morning trade in Asia Monday but holding on to most of its strength even as confidence in the U.S. economy was boosted by a strong jobs report and the likelihood of another interest rate increase by the U.S. Federal Reserve increased.
Investing.com – The dollar oscillated around the 94 value in Friday morning trade in Asia while gaining slightly against major Asian currencies. Japan and China released their manufacturing data, and the U.S. reignited likelihood of a global trade war.
Investing.com – The dollar gave up earlier gains against major currencies in morning trade in Asia Thursday as risk appetite improved after political turbulence in Italy appeared to calm down.
Investing.com - The dollar maintained its momentum, continuing to rally against major currencies in morning trade in Asia Wednesday even as both the Japanese yen and Korean won also gained ground.
Investing.com – The dollar dropped slightly against major currencies in Asia on Tuesday morning trade, despite the US dollar index surging once again above the 94 level the day before.
Investing.com - The dollar opened the week by sliding against other Asian currencies, giving up gains from last week.
Investing.com – The dollar rose against the other major currencies in Asia in late morning trade Friday, with the U.S. dollar index testing the 94 level. The market appeared to take in stride news that U.S. President Donald Trump decided to cancel a planned summit with North Korean leader Kim Jong Un.
Tax reform has been heralded for its immediate impact on delivering cash to investors, businesses and many Americans. While tax cuts can be a good thing in jump-starting a stagnant economy, the reality is that the U.S. economy was not stagnant, despite slow acceleration. The new tax reform will not reverse or undo any negative economic trends impacting the American consumer.
Investing.com – The dollar slid against major Asian currencies Thursday morning after climbing overnight to a fresh high for the year. Without any key economic data in the region, investors focused on political events that clouded the market outlook. As risk appetite soured, the safe-haven yen was sent higher.
Investing.com – The dollar rose against the other major currencies in Asia on Wednesday morning, after climbing to a fresh new high this year on Monday. The warming trade relations between the U.S. and China helped revive risk appetite. Markets also eye the Federal Reserve’s minutes that will come on Thursday in Asia to look for cues for rate hikes.
Investing.com – The dollar opened the week rallying against the other major currencies in Asia, climbing to a fresh new high this year. Risk appetite revived as the trade war between the world’s two biggest economies is put “on hold”.
Investing.com – The dollar hovered near five-month highs well above the 93 level in Asia on Friday morning, after climbing to this year’s fresh high at 93.46 overnight. Japan reported CPI data that missed expectation and failed to meet its 2% inflation target again, sending the yen lower.
Investing.com – The dollar slipped against the other major currencies in Asia on Thursday morning after climbing to this year’s high overnight. Australia’s strong employment data was in the focus in the morning, feeding the momentum for the Aussie.
Investing.com - The dollar rallied to hit five-month’s high overnight in Asia, and its momentum remained on Wednesday morning. Japan’s GDP figures missed expectation, ending its nine-quarter growth run.
Investing.com – The dollar dropped slightly against the other major currencies on Tuesday morning in Asia. China’s industrial data was in focus as its positive reading supported the Aussie.