The price of the dollar fell on Thursday to its lowest level in four months against a basket of counterparts, to continue to decline in light of investor anticipation about the tension between the United States and China. >
According to Reuters, the United States granted China until Friday to close its consulate in Houston following allegations of espionage.
China has vowed to respond, and growing tension between the world's two largest economies has pushed the yuan towards the biggest drop in nearly two months on Wednesday.
The reversal of that decline was reversed on Thursday, and the yuan jumped in foreign trade to a level less than seven yuan per dollar.
The relations between the United States and China have deteriorated this year over issues ranging from the emerging SK virus and Huawei to the telecom equipment industry to claims to China in the South China Sea and a crackdown on Hong Kong. < / p>
In exchange for the safe-haven Japanese yen, the dollar held steady at 107.15.
The euro recorded $ 1.1573, just below the 21-month high of $ 1.1601 that it scored this week after European Union leaders reached an agreement on a recovery fund .
The Australian dollar retreated from a 15-month high to about $ 0.7151, while the New Zealand dollar recorded a level just below the six-month high reached on Wednesday at $ 0.6678.
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