The Chinese yuan bounces and the euro rises to its highest level in 4 weeks

The yuan has rebounded and the euro has reached its highest level since June 14 as investors took riskier assets after posting favorable data on US jobs last week and indicating that Trade tensions have not dampened economic momentum. That investors are unaware of the growing trade conflict between the United States and China, and affect the focus on favorable economic data. The pound sterling stands in the way of the resignation of the minister concerned by Britain's exit from the EU due to opposition to Prime Minister Teresa Mae's new plan for the post-withdrawal period.
Traders have focused on the growing prospects of a "smooth exit from the EU" in which both sides have close trading relationships.
The yuan rose by half a percent to 6.6292 yuan to keep the gap in June, it suffered the largest monthly loss ever recorded
The euro has increased by 0.3% to 1.1779 dollar, its highest level since June 14, the US currency losing large-scale losses.
The US dollar is trading against a basket of six major currencies, up 0.2% to 93.899.
The dollar lost about 0.5% Friday to reach 93.921, its lowest level since June 14th. Market
The data showed that the average hourly income in the United States rose five cents, or 0.2 percent in June, after rising 0.3 percent in May. This suggests that moderate inflationary pressures have eased expectations that the Federal Reserve would raise interest rates four times in 2018.
Friday's data also showed that jobs in non-farm sectors increased more than expected to 213,000 jobs,
The dollar has changed little in relation to the Japanese currency to settle at 110.49 yen after falling 0.2% on Friday
The Australian dollar, indicator of A slowdown related to China while Australia depends on Chinese demand for its exports, By half a percent against its US counterpart to reach At $ 0.7463.