chinese stocks: The euro was at 1.1388, up from 1.1376, and at 121.89, down from 122.19. ; The dollar moved in a narrow range around 107.30 in early trading, as investors took a wait-and-see stance ahead of the expected start of Japan-U.S. ministerial trade talks on Tuesday, traders said, according to The Japan Times. The greenback gradually lost ground later in the morning, hit by selling from Japanese importers, traders said. At 5 p.m. the dollar stood at 107.03, down from 107.40 at the same time Monday. Additional U.S. sanctions against Iran and sharply lower Chinese stocks also weighed on the dollar-yen rate, market sources said. After the selling ran its course, the dollar showed some resilience and moved around 107 in late trades. The dollar fell below 107 in the early afternoon, as a risk-averse mood grew following a Bloomberg report that Trump recently mused to confidants about the United States withdrawing from its security treaty with Japan.
(news.financializer.com). As
reported in the news.
Tagged under chinese stocks, trade talks topics.