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16/07/2024
US dollar position after attack on Donald Trump
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Most Asian currencies witnessed slight fluctuations on Monday.
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According to investing.com, the dollar remained a safe investment option after the attack on former US President Donald Trump.
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On the other hand, the regional trading volume was low due to the holiday in the Japanese market and the yen weakened slightly against the US dollar.
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7 days ago, Asian currencies saw a sharp rise against the dollar.
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On Monday, the dollar gained somewhat, but a huge decline was seen in the last 14 days.
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On 15 July, the Japanese yen remained stable, and the USDJPY pair was hovering at the level of 158 yen.
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The USDCNY pair fell 0.2% to come close to an 8-month high.
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The Australian dollar's AUDUSD pair fell 0.1%, while the South Korean won's USDKRW pair rose 0.7%.
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The Singapore dollar's USDSGD pair rose 0.1%, while the Indian rupee's USDINR pair was trading near record highs.
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