The USD Drops

The USD retreated some ground versus a basket of its main currency pairs. This comes after some mixed signals on the trade developments from U.S. President Donald Trump.

As a matter of fact, Trump stated that trade talks with China were going „very well.“

Now, the Euro versus the USD trades at $1.1092, which is a gain of $0.00146 or 0.13% from the previous close of $1.10777.

The daily range is from $1.1077 to 1.1093, while the trading volume is 37.891K.

In case, Beijing and Washington are not able to come up with an agreement in the next important date is Dec. 15, when the U.S. about to levy additional tariffs on many Chinese goods.