Rumors of Trump’s Next Victim Causes Dollar To Dip – 6 September, 2018

The dollar slipped against the yen, euro, and pound as the market awaits U.S. job report data and on the report that suggests Japan would be President Trump’s next target for trade issues. The dollar last traded 0.3 percent lower to 110.44 yen. The pound was steady after falling 0.3 percent for the week and gaining 0.15 the previous day to settle at $1.2924, and the euro remained relatively flat at $1.1622 after gaining 0.15 percent during the week. The dollar index against a basket of six major currencies was steady at 95.014 after losing 0.2 percent just a few days ago. Against the yen, the euro was down 0.25 percent to 128.335 yen and the pound was down 0.3 percent to 142.72 yen.