The USD Falls

The USD added some ground this morning, during the Asian hours on renewed Sino-U.S. trade expectations.

The USD Index that tracks the greenback against a basket of other currencies fell around 0.2%.Sino-U.S. trade hopes reignited after U.S.

President Donald Trump implies in a trade deal with China might come sooner than previously expected.

Now, the Euro versus the USD trades at $ 1.0938, which is a decline of $0.00043 or 0.04% from the previous close of $ 1.09425.

The daily range is from 1.0933 to 1.0965, while the trading volume is 51.78K.

Furthermore, the USD registered its biggest daily rally of the last quarter, following the news, before retreating some of the gained territory in Asian trade.

Also, versus the GBP, the USD secured 0.2% to 1.2374 today after dropping overnight.

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