You should know about the last 3 week's dollar condition.
Hey, Do you have you heard about the condition of the last 3 weeks in dollars?
Now I am going to discuss some facts about the dollar market.
The dollar remained above a three-week low on Thursday, as investors remained cautious amid uncertainty about progress in trade talks between the United States and China, while remaining firm on speculation that Brexit opportunities without a contract were reduced.
The monthly measurement of the activity of the manufacturing plants in China and Japan was much weaker than expected on Thursday, which gives further proof that the seven-month trade dispute between the United States and China is affecting the economic process around the world.
For the most part, the dollar had gains recorded during the previous session when the US Trade Representative, Henry M. Robert Lighthizer, said at a general assembly hearing that it was too early to predict that it would end in trade negotiations between United States and China.
In addition, the dollar found support to increase tensions between Pakistan and India, which caused investors to leave risky markets and enter safer assets.
"Investors could bet on a secure trade, which can be a long dollar, on the one hand, that's not very fascinating, but on the other hand, investors have to get results," said Wakabayashi, manager of the Yeddo branch. on State Street. (NYSE): STT) Bank.
"That may not do what they need," he said. "We could have seen some interest in rising markets by selection (to get results)."
So, I hope this information will help you..
