The dollar remains strong this morning after the Federal Reserve released the minutes from their latest monetary policy meeting. The minutes indicate that the Fed will keep interest rates steady, and that their current ‘patient’ approach will stay in place for some time.
The greenback achieved a near one-month high ahead of the Fed’s meeting minutes yesterday.
Meanwhile, US-China trade tensions continue. China said that it will ‘fight to the end’ as news broke that Panasonic will ditch Huawei, joining the likes of Google and Intel. Vodafone and EE have also decided to launch their new 5G networks without Huawei phones.
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