Business > Trade

XE Market Analysis: Europe - Jun 01, 2020

1 month ago   |   By XE

Both the dollar and yen weakened against a backdrop of rallying stock markets in the Asia-Pacific region. There was relief in markets that U.S. President Trump left the trade deal with China intact as he outlined on Friday measures against China following its ratification of the controversial Hong Kong security law. Ongoing social and economic reopening among the world's biggest economies, meanwhile, have also been tonic for markets, offsetting concerns about the spate of rioting in many U.S. cities and hostility in U.S.-China relations.
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