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Dollar Retreats as Markets Eye Critical US-China Trade Negotiations

Following a rally driven by better-than-expected US employment data, the dollar retreated on Monday as markets turned attention to high-stakes trade negotiations between the US and China in London.

The talks seek to address unresolved issues from last month’s Geneva agreement. Economic pressures are mounting on both sides: China faces deepening deflation with factory-gate prices at two-year lows and slowing export growth, while US businesses and consumers grapple with trade uncertainty.

The dollar fell 0.46% against the yen to 144.16, while the euro rose 0.2% to $1.1418 and sterling climbed 0.3% to $1.3558.

Investors are now watching for May’s US inflation report to gauge the impact of tariffs on the economy, with the Federal Reserve expected to maintain its patient stance on interest rates.

Australian Gold Kangaroo coin standing on edge against an open legal volume, representing Perth Mint's statutory guarantee
Articles

Australian Gold Kangaroo: The Bullion Coin Backed by an Act of Parliament

Perth Mint’s flagship bullion coin changes its reverse almost every year, which is the least interesting thing about it. At 99.99% purity with an uncapped mintage, the Australian Gold Kangaroo coin sits behind a guarantee written into Western Australian statute in 1987. Here is what that actually means for what you own.

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