Onshore spot yuan bounced to 7.1395 per dollar before trading at 7.1421 as of 0721 GMT. Its counterpart rose to 7.1497 before trading at 7.1545 as of 0721 GMT.

The Chinese yuan traded lower against the U.S. dollar amid the escalating trade war. The safe-haven yen rose but later gave up its gains.

The price of gold climbs to a fresh yearly high ($1555) amid growing tensions between the US and China, and current market conditions are likely to keep bullion

“By escalating the trade war, President Trump will get what he wants from the Fed: lower rates,” said Rabobank’s Marey.

The move downwards pushed Litecoin's market cap down to $4.610B, or 1.72% of the total crypto market cap. At its highest, Litecoin's market cap was $14.099B.

 Cardano fell below the $0.049387 level on Friday. Cardano was trading at 0.049387 by 15:28 (19:28 GMT) on the Investing.com

Our goal is to place as many East Chicago Tin employees as possible at other nearby U. S. Steel facilities."

At 3:30 AM, the dollar index, which tracks the greenback against a basket of currencies, was up some 0.2% from late Thursday’s levels at 98.222

"Powell will keep the option of rate cuts on the table, but won't lean too strongly in that direction. This would be supportive for the dollar."

After climbing for 14 consecutive weeks, EURGBP has declined over three percent after reaching its 3-year peak in early August.

The move downwards pushed Cardano's market cap down to $1.30587B, or 0.48% of the total cryptocurrency market cap. Cardano's market cap was $23.91700B.

If Powell sounds slightly hawkish, stocks could sell off, which would hurt the dollar against safe-haven currencies like the yen.

The Canadian Dollar was one of the best-performing majors over the past 24 hours, supported by better-than-expected local inflation data.

As tariffs were delayed, both stocks and the US Dollar rallied; but with FOMC minutes and the Jackson Hole Economic Symposium taking center-stage,

Central bankers will gather at Jackson Hole, Wyoming, on Friday with markets focused on a scheduled speech by Fed Chair Jerome Powell.

The RBA Minutes failed to generate a meaningful reaction in AUDUSD even though the central bank keeps the door open to implement lower interest rates

Denel applied to the South African Revenue Service (SARS) for a payment deferment amid ongoing liquidity challenges, leaving staff

The GBPUSD is climbing back toward the upside resistance area in the 1.21749-901 area (still a nut to crack above).

The euro recouped from before lows after Italy's PM Giuseppe Conte said he is leaving in front of no-certainty vote

The minutes covered the August 6 meeting at which the Official Cash Rate was held at the new record low of 1% in place since July’s reduction,

As noted earlier, Gold found acceptance below $1,504 (outside bar's low) on Monday, confirming a short-term bullish-to-bearish trend change.

Investor focus on Tuesday will shift to the first setting of China's new lending benchmark under its recent interest rate reforms, due at 0130 GMT.

Global markets struggled as signs of an upcoming recession grew. The next moves depend on the Federal Reserve, with the FOMC minutes

US Dollar may rise vs Nordic FX amid trade wars, FOMC minutes, Italian politics. Critical data out of the Eurozone and US may exacerbate growing recession fears

The US Gross National Debt has jumped by $363 billion in the two weeks since President Trump signed the law that suspended the debt ceiling.