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The dollar fell while commodity currencies rose Monday (August 17th) as investors welcomed the delay in reviewing the US-China trade agreement without compromising it.
Early transactions in London witnessed limited movements in light of a state of caution following weak data and uncertainty at the beginning of a week that will witness the release of the facts of the latest meeting of the US Federal Reserve and the official announcement conference of the Democratic candidate in the US presidential elections.
Against a basket of currencies, the dollar index eased slightly to 93.036, close to the middle of the range it has run since falling to a two-year low in late July.
The risk-sensitive Australian dollar rose to its highest level in a week at $ 0.7196, hovering near the peak of its trading range for a week. The Canadian dollar, which is sensitive to oil prices, rose 0.2% to 1.3240 per US dollar.
The euro rose 0.1% to $ 1.1850, while the British pound rose to $ 1.3096.
The New Zealand dollar fell 0.1% to $ 0.6531, after New Zealand decided today to postpone the general elections by one month in the face of a new outbreak of the Corona virus in Auckland.
