The common currency rose to its highest against the US dollar since the 28th of August. The reopening of trade negotiations following USA’s invitation to China buoyed euro, as traders’ sentiment improved.
Tag: Australian dollar
US companies join forces in a business coalition to fight Trump’s tariffs. More than 60 business groups participate in the attempt to combat US President’s protectionism policy.
Trade concerns are increasing as the threats for tit-for-tat tariffs by USA and China on each other’s products are growing.
Trade uncertainty prevails in the markets. Trade disputes, highly affecting investors’ sentiment, have been their main concern since the beginning of 2018.
Although NAFTA talks resumed, and progress was made towards the modernization of the trilateral agreement, tariff fears still weigh.