The USD Partly Depreciated

The USD partly depreciated yesterday as investor appetite for higher risk currencies found support on a report of German stimulus plans.

Now, the USD versus the Euro changes hands at $1.1040, which is a loss of 0.00065 or 0.06% from the previous close of $ 1.10471.

The daily range is from $1.1039 to $1.1059, while the trading volume is 46.997K.

The current market mood also stimulated the Australian dollar to a six-week peak of $0.6875 and the pound also reached a six-week peak of $1.2385.

The safe-haven yen touched a five-week bottom of around 107.40 per USD as risk appetite surged.

Moreover, the USD slipped after yesterday’s dramatic reversal entering into a regaining mode. That shift was boosted by positive developments over U.S.-China trade negotiations.