The US is set to impose tariffs on $16 billion of Chinese goods on August 23rd and China is set to retaliate. The expected news did not have a long-lasting impact. Markets are already eying the bigger duties due on September 6th and are worth $200 billion - Source
Forex Weekly Outlook Aug. 13-17 – Dollar remains dominant, consumer now in focus
By Yohay Elam on AUG 10, 2018