Chinese yuan and Aussie dollar off four-month high, sterling ticks up
“The offshore yuan traded at 7.0026 yuan per dollar, slipping back from a four-month high of 6.9247 per dollar hit last week” reports cnbc.com. U.S. one-hundred dollar banknotes and Chinese one-hundred yuan banknotes are arranged for a photograph in Hong Kong on April 15, 2019.The Chinese yuan and the Australian dollar hovered below four-month highs touched last week in early Monday trade as investors pored over the U.S.-China trade deal, while sterling stayed strong after a decisive UK general election.The trade-sensitive Australian dollar fetched $0.6876, easing from Friday’s four-month high…
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