Aussie falls amid trade uncertainty

Economies.com
2019-11-11 16:54PM UTC

The Australian dollar fell against the greenback today, amdi uncertainty that dominated the markets over the US-China trade talks file.

 

The date or location of signing the first phase of the trade deal between Washington and Beijing haven't been determined yet, but President Trump stated that the meeting will be held in the US.

 

President Donald Trump stated that the US hasn't agree on a rollback of the Chinese tariffs, which denies the recent reports from Beijing about the move.

 

Trump said that it's what China wants, but his remarks showed no interest by Washington.

 

AUD/USD fell by 0.2% to 0.6851 as of 16:53 GMT, with an intraday high of 0.6866 and a low of 0.6846.

Forex and Currency News

EUR/USD news

Forex

Euro approaches week high amid positive outlook
2024-04-18 08:30AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex News

Forex

Dollar gives up five-month high on profit-taking
2024-04-17 10:56AM UTC
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from ...
GBP/USD news

Forex

Sterling starts recovering after hot UK inflation data
2024-04-17 06:43AM UTC
Sterling rose in European trade on Wednesday for the first time in four days against the dollar, ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 19-04-2024
2024-04-19 10:43AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price trades with clear positivity to ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 19-04-2024
2024-04-19 10:43AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price finds solid support at the ...
Technical Analysis

Forex

The NZDCAD surrenders to the resistance line stability – Forecast today – 19-4-2024
2024-04-19 08:21AM UTC
NZDCAD Pair Analysis Expected Scenario The NZDCAD pair has confirmed its submission to ...