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Dollar Nears Two-Year High

Friday, 17 May 2019 23:18 WIB Indeks Dolar Dolar AS

The U.S. dollar neared a two-year high on Friday as the White House delayed auto tariffs, while trade tensions with China increased demand for safe-haven assets amid an equity selloff. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was up 0.1% to 97.787 as of 10:16 AM ET (14:16 GMT). The White House confirmed that it is delaying tariffs on European cars by six months to allow for more time to negotiate a deal with the bloc. The tensions between the two largest economies in the world took a sour turn after the White House excluded Huawei and other Chinese companies from the U.S. market. The dollar was down against the safe-haven...

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Precious Metals

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CURRENCIES

The yen advanced against its peers on Thursday as persistent U.S.-China trade fears and Brexit concerns fanned risk aversion, lifting the safe-haven Japanese currency. The yen was 0.1% firmer at

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