The dollar fell amid the worsening trade conflict between the US and China
The dollar continued its decline against major Asian currencies on Friday morning after the US President Donald trump ordered sales reps to consider the possibility of imposing new tariffs on Chinese imports, which creates a bearish economic Outlook. This again caused the strengthening of the yen as an asset “safe haven”. Investors are also waiting for the publication of the key report on employment in the US.
The dollar index, which reflects the strength of the dollar against a basket of six major currencies, was 90.03, down 0.10%. He fell with night maximum at around 90,26 to level 90.