Beijing did respond with their own counter-tariffs but they will only go into effect on 10 February. And with Trump teasing talks with Xi before heading to bed, there's still some hope.
Elsewhere, USD/JPY is still seen up 0.2% to 155.10 but off its earlier high of 155.51 on the session. AUD/USD is also still down 0.3% to 0.6205 but off its earlier low of 0.6170 after the China retaliation headlines hit.
Looking to broader markets, there is still caution to be heeded though. S&P 500 futures are down 0.2% and 10-year Treasury yields are holding the line but only marginally higher today by 1.2 bps to 4.565% at the moment.
This article was written by Justin Low at www.forexlive.com.Hence then, the article about dollar gains ease in european morning trade was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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