XE Market Analysis: Europe – Aug 02, 2019

The Dollar has traded mixed since President Trump’s launching of a fresh advance in his trade war with China, rising versus the underperforming Australian buck while losing ground to the outperforming Yen, and softening moderately in the case against the Euro. AUD-USD, which is now in its 11th consecutive day of decline, printed a seven-month low at 0.6795. The move was led by AUD-JPY, which plummeted by over 2%, reaching its lowest levels since the flash crash of early January.

Source: XE news feed
XE Market Analysis: Europe – Aug 02, 2019