US Open Preview – Dollar holds onto gains despite China’s warnings; BoJ rate decision in focus
Posted on September 18, 2018 at 11:34 am GMTHere are the latest developments in global markets: FOREX: The US dollar moved higher by 0.26% against the Japanese yen but held below its intraday high of 112.27, while the US dollar index edged marginally higher by 0.09%. US President Donald Trump announced yesterday that his country will impose a 10% tariff on $200bn of Chinese goods from September 24 as was widely anticipated. As of January 1, 2019, those tariffs will be raised to 25%. Euro/dollar erased earlier gains to return to 1.1682, [..]