China/US politic war weakens the dollar

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Paul iyang

May 6, 2020
China and us have been in conflict over trade, which has recently degenerated to the hong kongs citizens security law.
The U.S. Dollar Index that tracks the American dollar against a bouquet of other major currencies (like the Japanese yen, British pound sterling, Swedish Krona, Euro), closed 0.10% lower to trade at 98.275 after global investors retreated from the safe-haven asset.