Dollar Weakens As Yuan Stabilizes - 7 August, 2018 - Dollar Weakens As Yuan Stabilizes - 7 August, 2018 -

Dollar Weakens As Yuan Stabilizes – 7 August, 2018

The dollar index is having trouble reaching new highs and weakened against the euro as the yuan showed more stability. The index was down 0.27 percent to 95.105 after hitting a one year high mid July of 95.652. The euro gained against the greenback by 0.38 percent to $1.1597. The Australian dollar rallied to reach a one week high of $0.7439 against the greenback.

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