The dollar recovers on Friday against its major traded rivals despite Trump’s comments on Fed, which is not unusual anymore, and an equities sell-off.
Tag: Australian dollar
The Sterling recovered, scaling a 2-month high against the single currency, and edged up temporarily against the dollar. EU-UK is close to a deal regarding Brexit.
USMCA is the new trade deal reached by the USA and Canada, replacing the outdated NAFTA. USMCA will constitute a single agreement with the bilateral agreement between Mexico and the USA held in August.
The British pound dropped to $1.3218, from the two-month highs of $1.3295 hit on Thursday, following the rejection of May’s Brexit Plan by the EU leaders and ahead of her forthcoming statement.
New steps towards denuclearization were made in a 3-day summit in North Korea. The North Korean leader Kim Jong Un and the South Korean President Moon Jae-in met for another round of talks.