The dollar rose on Monday as currency traders shrugged off the latest threat of steep tariifs on China from US President Donald Trump and instead focused on the path for a possible trade deal between the world’s two largest economies. The Bloomberg Dollar Spot Index gained some 0.2% as of 10:15 a.m. in New York….
The dollar has started an event-loaded week with declines. Bloomberg’s gauge of the greenback fell 0.2% on Monday, dropping for a second day. A US government shutdown is looming, with both political sides digging in on their stances. Several pieces of key US economic data are also due this week, culminating with the monthly jobs…
The yen was slightly stronger against the dollar as investors digested the impact of Japan’s ruling coalition losing its majority in the upper house election. Japanese stock futures inched lower. Japan’s currency, which had declined in the two weeks leading up to Sunday’s vote, held an small advance of 0.2% to trade at 148.52 versus…
Asian shares swung between small gains and losses as President Donald Trump left the door open for additional trade negotiations after imposing new tariff rates on several countries. The MSCI regional stock benchmark traded in a tight range amid gains in South Korea and Japan, countries that attracted a new level of levies. Toyota Motor…