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U.S. Dollar Falls Amid Trade Uncertainty, Hong Kong Unrest
Monday, 11 November 2019 23:28 WIB | CURRENCIES |Dolar AS Indeks DolarDOLLAR

The U.S. dollar was lower on Monday as investors remained cautious after U.S. President Donald Trump denied he would roll back tariffs on Chinese goods.

Hope of a trade deal diminished after Trump said on Friday that he had not agreed to end tariffs on Chinese goods as part of a trade deal, as was claimed by the Chinese Commerce Ministry earlier last week.

Talks were moving slower than he would like, and he would only make a deal if it was best for America, Trump added on Saturday.

The greenback was also held back by a surge of unrest in Hong Kong, as police used live ammunition on protesters who had tried to block roads and delay trains during the morning commute. Elsewhere, protesters set a man arguing with them on fire.

The U.S. dollar index, which measures the greenback's strength against a basket of six major currencies, slipped 0.2% to 98.058 as of 10:45 AM ET (14:45 GMT).

Source : Investing.com

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