Different currencies following…
The USDCNH fell on the headline that the US was urgent for a secure Yuan within the commerce talks. The penalty can be extra tariffs. If the Yuan has to remain secure and even rise, the USD has to fall. Properly, all the foremost currencies are falling in sympathy.
The USD is now the weakest of the majors with declines vs all the foremost currencies.
Trying on the “modifications” chart beneath, all of the pairs, with maybe the exception of the USDJPY, are pinned at extremes (low USD).
The GBP stays the run away strongest foreign money.
Under is the 5 minute chart of the USDCNH (off shore Yuan). The opposite greenback pairs present an identical run during the last 30 minutes.
Shares are buying and selling close to the highs.