The US dollar has decreased against the euro and yen at the Asian session. US markets are closed for the Independence Day celebration today. ICE index dipped by some 0.1%.
This morning the euro-to-US dollar exchange rate rose to $1.1678 ($1.1658 a day before).
The greenback has also lost positions vs the yen reaching 110.37 (110.59). Meanwhile, the euro to yen rate stayed at about 128.93 (128.93 yesterday).
The euro, in its turn, got support from the German news. In particular, the ruling coalition reportedly managed to agree on the migration issue. As a result, the threat of a break-up of the leading coalition has faded away.
Meanwhile, a member of Managing Board of Japan's Central Bank supported the extra soft monetary policy, noting that the short-term rate revision would hit the financial sector.
Chinese yuan kept gaining grounds against the US dollar. The greenback decreased to some 6.6129, while earlier it was seen at 6.6425. The PBOC made it clear yesterday that the bank did not plan any reduction of the yuan to win advantage against the USA in the context of the current trade dispute. The regulator intends to maintain stable rate.