The euro reaches its highest level in a month

The yuan rebounded yesterday and the euro reached its highest level since June 14 as investors took high-risk assets after posting favorable statistics on US jobs last week. . Investors seem to ignore the escalating trade conflict between the United States and China and focus on favorable economic data. German data showed a sharp rise in exports, which also magnified sentiment.

The pound resisted the resignation of British exit minister of the European Union, David Davis, from the opposition to Teresa Mae's post-EU withdrawal plan

Sterling reached 1.3328 $ while traders were focusing on the growing prospects of a "smooth exit from the EU" in which both parties have close commercial ties. The yuan rose 0.5% in foreign markets to 6.6292 yuan to the dollar, continuing its rebound from its June low levels where it suffered the largest monthly loss ever recorded. The euro rose 0.3% to 1.1779 dollars, its highest level since June 14, with the US currency suffering heavy losses and the dollar index falling 0.2% at 93.899. The dollar rose from 0.5% at the end of last week to 93.921, its lowest level since June 14, while US payroll data closely followed the market outlook.

0.2% in June after rising 0.3% in May, suggesting that moderate inflationary pressures have reduced expectations that the Federal Reserve will raise interest rates four times this year. Nonagricultural payroll increased more than expected to 213,000 jobs in June

The dollar has changed little from the Japanese currency to settle at 110.49 yen after falling by 0.2% in Late last week, Australia, index of a slowdown associated with China because of Australia's reliance on Chinese export demand, 0.5% against US $ 0.7463.

Gold prices reached their highest level in two weeks yesterday. At its lowest levels since last June, the metal was supported by ongoing trade tensions between the United States and China.

The spot price of gold rose 0.5% to $ 1260.41 an ounce, after reaching its highest level since June at $ 1262.06. US gold futures for August delivery rose 0.5% to $ 1261.70.

Silver rose 0.7% to $ 16.11 per ounce, 0.6% palladium to $ 958.22 and 1.7% platinum to 854.70 $. After hitting higher highs since June 28 at $ 855.10.