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Foreign Exchange Analysis Headlines

Dollar slips as China-U.S. trade worries ebb

The dollar fell against a basket of peers on Friday, retreating from a 13-month high hit earlier this week, on lower demand for the safe-haven greenback and some profit-taking, as worries about trade tensions between Washington and Beijing eased.

Trump says Turkey has acted badly in Brunson case

U.S. President Donald Trump on Friday said the United States was not going to take Turkey's detention of U.S. Christian pastor Andrew Brunson "sitting down," a day after his Treasury chief said Washington could hit Ankara with further sanctions.

Turkish finance ministry says credit channels to remain open

Turkey's finance ministry said on Friday that credit channels would remain open and that it would take measures to relieve banks and the real sector, after the Turkish lira currency crashed to a record low against the dollar earlier this week.