US Dollar Slips When The Risks of The Trade War Again Strengthen

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The US dollar index, which measures the strength of the greenback against a basket of six major currencies, slipped 0.09% to 89.48 at 10:30 ET. The US dollar has been bearish since President Trump's tariff plan last week and declined to this week, with no sign of a rise.

Gary Cohn, Trump's main economic adviser, will lack Trump administration because of disagreements over president's tariff plans. The White House also said it was considering applying broader clarity to China and pressing Chinese investment in the US. Investors suspect Trump's protection could continue its impact. The insistent greenback and the price of tariffs that curb imports. The fear of a global trade war bounced back after Cohn's resignation.

The greenback was against the appreciation of the yen, with the USD / JPY pairing up 0.44% to 105.67. Safe-haven currencies strengthen as signals vary, as a result trump follows its tariff plan into policy. Current market participants will be focused on Japan's Q4 GDP data due tomorrow morning.

Meanwhile the currency pair, AUD / USD is trading 0.36% lower at the level of 0.7801. The Aussie remains soft on the Reserve Bank of Australia's dovish monetary policy keeping interest rates until 2019.