The U.S. dollar weakened against major currencies amid U.S.-China tensions and Fed officials’ remarks. China rejected White House calls to roll back rare earth controls. The Fed governors support interest rate cuts due to job market uncertainty. U.S. economic weakness and a prolonged government shutdown impact the dollar.
French PM survives no-confidence votes, pledges pension reform suspension. Euro touches one-week high. Bank of Japan cautious about monetary policy normalization. Australian dollar drops on high unemployment, potential rate cuts. China’s yuan strengthens against the dollar.
Goldman Sachs expects final rate cut from Australian central bank. U.S.-China trade tensions drive currency movements. Chinese yuan reaches two-week high against the dollar. New Zealand’s kiwi weakens. Traders cautious amid economic uncertainty and political drama.
Read more at finance.yahoo.com: Dollar dented by simmering trade tensions, rate cut bets
