The euro rises before Trump and Junker speak to each other



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The euro advanced Wednesday ahead of a meeting between US President Donald Trump and European Commission President Jean-Claude Juncker, but the gains were limited as investors were wary of the trade dispute between the two. powers. In narrow ranges today, as the fate of the growing trade dispute between the United States and Europe is not clear that Juncker is heading to Washington for discussions with Trump focused on trade .

Talks came after the US imposed tariffs on steel and aluminum imports from the European Union, and threatened Trump to expand these procedures to include cars made in the United States. # 39; Union.

The European currency rose 0.1% to $ 1.1694. The dollar index, which tracks the performance of the greenback versus a basket of major currencies, remained unchanged at 95.55

Against the yen, the dollar rose 0.1% to 111, 32 yen

The Bank of Japan has taken another step towards reducing its strong monetary stimulus.

The Australian dollar fell after data today showed that inflation remained at a low level in the last quarter despite strong economic growth. The Australian currency was down 0.2% to US $ 0.7407

The Chinese yuan gained 0.3% of foreign trade to 6.7905 yuan.

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