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Find all the economic and financial information on our Orishas Direct application to download on Play StoreCe vendredi, le dollar américain se dirige vers sa plus forte baisse weekly for a month, while Australian and New Zealand dollars should record solid weekly gains. The Chinese yuan is weakening.
The dollar stabilized near its lowest level in two weeks on Friday, en route to its biggest weekly drop in a month, as investors wrestled with U.S. tariff negotiations before a deadline while waiting for central bank meetings next week for clues on the policy. The dollar index, which measures the value of the American currency in relation to six other units, was at 97.448, down 1% this week, its weakest performance in a
month.Australian and New Zealand dollars headed for solid weekly gains on Friday, as the prospect of new trade deals with the United States helped boost the sense of risk, although a lot depends on what tariff negotiations and local data will bring the week next. Both currencies are often traded as indicators of global risk and benefitted from rising stock markets this week, after the trade deal between the United States and Japan fuelled hopes for a deal with the European Union. The S&P 500 and Nasdaq continued to rise to close at record levels, buoyed by the solid profits
of technology giants.The Chinese yuan fell slightly against the dollar on Friday after reaching an eight-month high in the previous session, as markets bet the central bank will maintain a soft tone. At 03:49 GMT, the yuan was down 0.1% to 7.1627 per dollar after trading in a range of 7.1582 to 7.1639. The offshore yuan was trading at 7.163 yuan to the dollar, down by around 0.11% in Asian
trade.
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