The dollar edged higher against most Asian units on Monday as worries about a standoff between the United States and China over civil liberties in Hong Kong fuelled demand for safe-haven currencies.
Trading may be subdued on Monday with financial markets in Singapore, Britain and the United States are closed for public holidays.
Hong Kong police fired tear gas and water cannons to disperse thousands of people who rallied on Sunday to protest Beijing’s national security law. The threat of sanctions over Hong Kong risks a repeat of last year’s damaging trade war between the United States and China.was little changed at $1.2185. Against the euro, sterling traded at 89.44 pence EURGBP=D3.
Cummings, who is the architect of the 2016 campaign to leave the EU and widely considered to be Johnson’s most influential strategist, came under pressure after reports he travelled to northern England from London during a nationwide lockdown in March when his wife was ill with COVID-19 symptoms.gave up early gains to trade at $0.6537 as risk aversion offset optimism about the country's emergence from coronavirus lockdowns.
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Dollar edges higher as Hong Kong tensions fuel safe-haven demandThe dollar edged higher on Monday as worries about a standoff between the United States and China over civil liberties in Hong Kong fuelled demand for safe-haven currencies.
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Dollar edges higher as Hong Kong tensions fuel safe-haven demandThe dollar edged higher on Monday as worries about a standoff between the United States and China over civil liberties in Hong Kong fuelled demand for safe-haven currencies.
Weiterlesen »
Hong Kong police fire tear gas during protests of China's proposed national security lawHong Kong police fired volleys of tear gas in a popular shopping district as thousands took to the streets Sunday to march against China's proposed tough national security legislation for the city.
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China will likely face U.S. sanctions over Hong Kong national security law, White House saysThe U.S. government could impose sanctions against China, National Security Advisor Robert O'Brien said on Sunday in response to China's announcement of a new national security law in Hong Kong that would curtail the city's autonomy and democracy.
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