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May 21 2018

Dollar Climbs as Japanese Yen Weakens

The US dollar climbed up against the major currencies after the fear of a full-on trade war between US and China receded.

The dollar index rose 0.3 percent to a fresh high for 2018 of 93.88.

The Japanese currency tends to weaken when the investors’ confidence increases and their appetite for riskier assets strengthens. 

"DO NOT COPY" Above Currency Analysis, Prepared & All Rights Reserved By Zulfiqar Motors Co., Ltd

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