FOREX-Dollar falls on rising fears trade war will hit U.S. growth

Increasing expectations that the U.S.-China trade war will have a negative impact on American economic growth pushed the dollar lower on Monday. In overnight trade the Japanese yen rose to its highest against the dollar since March 2018 – barring a flash crash in January this year – as investors ramped up bets that the safe-haven currency could gain more if the trade conflict is prolonged. By midday in North America, the dollar was 0.34% lower against the yen at 105.30.

Source: Yahoo.com