Mexico trade talks drove investors towards safe-haven currencies. Mexican and U.S. officials resume talks in Washington aimed at averting an imposition of tariffs on Mexican goods.
Category: Features
The dollar struggled near a seven-week low on rising expectations of a U.S. central bank interest rate cut.
Investors again sought protection from market volatility in low-risk assets such as Treasuries and gold. Gold prices jumped more than 1.5% to their highest level in more than three months.
Two years high for the Swiss franc which rallied to its highest levels against the euro on Monday. U.S. President Trump hardened his trade stance to countries beyond China, prompting investors to move into perceived safe-haven currencies.
Fourth month of gains for the dollar which edged towards a one-week high as US-China trade tensions led traders to seek shelter.