Dollar struggles amid Sino-U.S. tensions, coronavirus woes – ZAWYA

  • Date: 27-Jul-2020
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
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Dollar struggles amid Sino-U.S. tensions, coronavirus woes – ZAWYA

dollar struggles amid sino-u.s. tensions, coronavirus woes euro storms toward $1.17 amid doubts over u.s. recovery    a u.s. five dollar note is seen in this illustration photo june 1, 2017. singapore: the dollar began the week under pressure from all corners as intensifying sino-u.s. tensions added to worries that the coronavirus resurgence in united states could undermine the recovery in the world's biggest economy.in morning trade it fell to a four-month low against the yen and a new 22-month trough on the euro at $1.1699.the antipodean currencies also rose a little and against a basket of currencies the dollar was at its lowest since september 2018.  in morning trade it fell to a four-month low against the yen and a new 22-month trough on the euro at $1.1699.singapore: the dollar began the week under pressure from all corners as intensifying sino-u.s. tensions added to worries that the coronavirus resurgence in united states could undermine the recovery in the world's biggest economy.the antipodean currencies also rose a little and against a basket of currencies the dollar was at its lowest since september 2018. the lack of support for the greenback, even as tit-for-tat consular closures marked the latest escalation in u.s.-china