The dollar jumped and the safe-haven yen reached its highest levels in a week after US President Donald Trump said he had tested positive for COVID-19 and begin a quarantine.<\/p>\n\n\n\n
The news could cause a new wave of volatility in the market as investors prepare for the November presidential election.<\/p>\n\n\n\n
The US currency rose nearly half a percent against the risk-sensitive Australian and New Zealand dollars, while the yen rose about 0.3% to 105.27 per dollar, its highest since Monday.<\/p>\n\n\n\n
The euro fell 0.3% to $ 1.1716.<\/p>\n\n\n\n
The yen gained against other currencies, in light of a widespread shift away from riskier assets and commodities. Trading volumes in Asia were thin due to holidays in China.<\/p>\n\n\n\n
Trump said on Twitter that he and first lady Melania Trump had tested positive for the coronavirus and that they would be quarantined.<\/p>\n","protected":false},"excerpt":{"rendered":"
The dollar jumped and the safe-haven yen reached its highest levels in a week after US President Donald Trump said he had tested positive for COVID-19 and begin a quarantine. The news could cause a new wave of volatility in the market as investors prepare for the November presidential election. The US currency rose nearly …<\/p>\n","protected":false},"author":9,"featured_media":31215,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7211,6877,6882],"class_list":["post-34857","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-currencies","tag-dollar","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=34857"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34857\/revisions"}],"predecessor-version":[{"id":34860,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34857\/revisions\/34860"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31215"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=34857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=34857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=34857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}