On Tuesday, the dollar rose almost to a maximum in two weeks against a basket of other currencies amid fears of a possible escalation of the trade conflict between the United States and China.
Investors hoped that negotiations between Trump and his Chinese counterpart at the upcoming G20 summit would lead to a truce in a trade war. EUR/USD fell below 1.1300.
Investors hoped that negotiations between Trump and his Chinese counterpart at the upcoming G20 summit would lead to a truce in a trade war. EUR/USD fell below 1.1300.