News
        The US dollar is going to improve by risk appetite, but the market outlook is st


 bearing in stock

if you are interested in it , Get free samples :sales@edabearings.com

The US dollar rose on Tuesday, rising against the Japanese yen and the Swiss franc, and helped the US dollar to stabilize from the recent downtrend, due to the improvement of risk appetite and the rise of major stock index.
However, the market outlook for us dollar remains unclear, because the global trade situation is tense. So far this year, the dollar has fallen by 2%.
"At present, the support of the Fed's further tightening of monetary policy expectations is offset by sustained political pressure and Global trade uncertainty," said Fawad Razaqzada, an analyst at Forex.com market.
China's Ministry of Finance announced on Sunday that it would impose a maximum of 25% tariffs on 128 American products, including frozen pork, wine and specific fruit and nuts, which are worth $3 billion, as a response to the US tax on steel and aluminum. Investors worry that this is the prelude to a more extensive trade war.
This week the US government will be announced on $500-600 China imports levied tariffs.
Cui Tiankai, the Chinese ambassador to the United States, said that if the US finally announced, the Chinese side will resolutely fight back on the same scale, the same amount and the same intensity.
In afternoon trading, the US dollar index rose 0.2%, to 90.184.
Analysts say investors are also concerned about the announcement by the United States on Friday of the non-agricultural employment report and the speech by the Federal Reserve Chairman of the Federal Reserve of the United States (FED/), which will help determine the trend of the US dollar.
"In Friday's employment data, investors will focus on salary inflation, and if there is a sign of rising wage pressures, it may rekindle the expansion of inflation and the four time the Fed may raise interest rates this year," said Omer Esiner, chief market analyst at Commonwealth Foreign Exchange.


PREVIOUS:When the Japanese brokerage offer encryption currency exchange        NEXT:Canada has said that NAFTA has made good progress in consultations, but "has not