Home Page : Archive News : February 2020 News : Yuan, Australian dollar jump after China cuts import tariffs, virus fears ebb | |
Yuan, Australian dollar jump after China cuts import tariffs, virus fears ebb | |
February 06, 2020 The Australian dollar and Chinese yuan rose on Thursday after China unexpectedly said it would halve tariffs on some U.S. imports, a goodwill gesture that added to hopes the global economy may be able to avoid a major shock from a virus outbreak. Source: https://www.cnbc.com/2020/02/06/forex-markets-us-data-dollar-coronavirus-optimism-in-focus.html |