XE Market Analysis: North America – Apr 01, 2019

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The Dollar has traded with a softening bias so far today against most currencies, with the Yen being the notable exception. Both currencies saw their recently built-up safe-haven premiums erode as stock markets in Asia and Europe rallied quite strongly. The U.S. and China said they made progress in trade talks that concluded on Friday in Beijing, further building the consensus view that both sides are at a juncture where they are committed to reaching compromise. China’s Vice Premier Liu will be leading a delegation to Washington later this week.