Forex – Dollar Unchanged; Aussie Dollar Slips on China Trade Data

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Investing.com – The U.S. dollar remained unchanged, while the Aussie dollar slipped on Friday after data showed China’s trade surplus with the U.S. hit a record high in September.

The U.S. dollar index that tracks the greenback against a basket of other currencies was unchanged at 94.69 by 12:45 AM ET (04:45 GMT).

The U.S. dollar traded near its lowest level in nearly two weeks against its major peers as falling U.S. treasury yields and further losses on Wall Street weighed on sentiment.

The S&P 500 Index fell more than 2% for a second straight day and is now in its longest slide since 2016. The Dow Jones Industrial Average dropped more than 500 points, and the NASDAQ Composite closed down 1.3%.

Read more at : https://www.investing.com/news/forex-news/forex–dollar-unchanged-aussie-dollar-slips-on-china-trade-data-1641621

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