US Dollar Slips as Trade Optimism Rises Ahead of US-China Talks
From Investing.com: 2025-06-09 06:48:00
Negotiators from US and China set to meet in London to address trade tensions, with hopes high for progress in talks. Both countries seeking concessions from each other on export restrictions and technology access. US officials optimistic for thaw in relations, led by Treasury Secretary and Trade Representative. China under pressure as exports to US drop significantly in May, driving hopes for trade truce. Aussie and Yen strengthen in currency markets, while dollar struggles amid trade tensions. LA riots overshadowing positive trade news, aiding gold prices. Dollar soft despite solid NFP, focus now on upcoming CPI report.
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