Global Forex Market
AMID a truncated week – welcoming a new year and a new decade – the US dollar weakened by 0.08% to 96.846. The drag in the dollar was fuelled by global risk-on sentiment following optimistic trade developments after President Donald Trump tweeted that “phase one” trade deal with China will be signed on Jan 15 at the White House and he will also go to Beijing for negotiations on a “phase two”.
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