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Currency Market Analysis

Global Themes

Trade talksThe US dollar was higher in early Monday trade after the US and China stuck a deal on trade over the weekend.US Treasury Secretary Steven Mnuchin said the trade war was “on hold” as the US and China agreed to suspend any further threats on tariffs. The agreement will see China import more agricultural and energy products from the US.The news boosted markets across the globe with the US dollar higher.Other FX weakerWith the US dollar stronger, other markets fell.The euro fell to six-month lows as markets continued to worry that European economic growth has slowedThe Japanese yen fell

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