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USD Dropped to Lowest in Two-Weeks After U.S. and E.U. Agreed Steps to Avoid Trade War

Exclusive Capital Ltd.

The U.S. dollar aimed near two-week lows today following the E.U. and the U.S. agreements on the steps for avoiding a trade war thus easing the trade tensions on a global scale.

Donald Trump, U.S. President, and Jean-Claude Juncker, European Commission President, came to an agreement in expanding the European imports of U.S. liquefied natural gas and soybeans as well as minimizing industrial tariffs.

Trump stated that it was indeed a big day where both sides came to an agreement on working together in achieving zero subsidies on non-auto goods, zero non-tariff barriers and zero tariffs.

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Source: https://www.exclusivecapital.com/u-s-dollar-dropped-to-two-week-lows/
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