Trump flirts with currency war in escalating conflict with China
President Donald Trump on Thursday took a step closer to sparking a currency war in the escalating conflict with China, saying he is not happy with the strong dollar. Trump has pursued a policy of maximum pressure, including subjecting all Chinese goods to punitive tariffs ...
The dollar slightly weakened to levels around ¥106.10 in lackluster Tokyo trading Thursday. At 5 p.m., the dollar stood at ¥106.10, down from ¥106.29-30 at the same time Wednesday. The euro was at $1.1216, up from $1.1189, and at ¥119.02, up from ¥118.94. The dollar firmed ...
'Playing with fire': Heightened U.S.-China financial war imperils global economy
Just what the fragile global economy didn't need: An unpredictable escalation in President Donald Trump's trade war with China, one that spreads the conflict to currency markets, threatens to involve other countries and raises the risk of a global recession. At a time when growth ...
Trump accuses China of manipulating currency as yuan weakens
President Donald Trump accused China of manipulating its currency after Beijing let the yuan fall to a politically sensitive level against the dollar for the first time in 11 years. The move raised concern that China could use its currency as a weapon in ...
Dollar tops ¥109 for first time in two months in Tokyo trading
The dollar rose above ¥109 for the first time in some two months in Tokyo trading Thursday, attracting buying after the U.S. Federal Reserve chief's hawkish remark. At 5 p.m., the dollar stood at ¥109.14, up from ¥108.55-56 at the same time Wednesday. The euro ...
Greenback firms above ¥107.80 in Tokyo after U.S. rate cut speculation wanes
The dollar was firmer above ¥107.80 in late Tokyo trading Monday after expectations for a big interest rate cut by the U.S. Federal Reserve receded. At 5 p.m., the dollar stood at ¥107.85-86, up from ¥107.64-64 at the same time on Friday. The currency briefly ...
The dollar rose modestly to around ¥108.20 in tranquil Tokyo trading Wednesday. At 5 p.m., the dollar stood at ¥108.26-26, up from ¥108.05-06 at the same time Tuesday. The euro was at $1.1206-1207, up from $1.1248-1248, and at ¥121.32-33, down from ¥121.55-55. After topping ¥108.30 on ...
The dollar was firmer above ¥108.30 in Tokyo trading late Friday after cutting early gains due to selling on a rally. At 5 p.m., the dollar stood at ¥108.36-36, up from ¥108.05-09 at the same time on Thursday. The euro was at $1.1264-1265, down from ...
The dollar was higher above ¥108.90 in Tokyo trading late Wednesday, helped by buybacks. At 5.p.m., the dollar stood at ¥108.95, up from ¥108.81-82 at the same time Tuesday. The euro was at $1.1215, up from $1.1207-1208, and at ¥122.19-20, up from ¥121.96. The dollar traded ...
Trump thinks dollar is too strong and blames Fed policy, official says
President Donald Trump believes the dollar is too strong, and the euro is too weak, and feels the situation could be eased if the Federal Reserve lowered interest rates, a senior administration official said on Tuesday. The official also said the White House had no ...
Dollar breaches ¥107 for first time since January in Tokyo trading
The dollar temporarily breached ¥107 for the first time since early January in Tokyo trading Tuesday, following a U.S. media report citing President Donald Trump's dissatisfaction with the U.S. security treaty with Japan. At 5 p.m. the dollar stood at ¥107.03, down from ¥107.40 at ...
The dollar firmed around ¥108.40 in Tokyo trading Wednesday, buoyed by rekindled hopes for a U.S-China trade deal and resulting higher stock prices. At 5 p.m., the dollar stood at ¥108.38-42, up from ¥108.23-28 at the same time Tuesday. The euro was at $1.1200-1200, down ...
