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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. 



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