The U.S. dollar fell against its Chinese and commodity-related peers in early Asia-Pacific trading hours Monday after the U.S. and China backed down from threats to escalate their trade war. Other flight-to-quality currencies also weakened. The Japanese yen and Swiss franc, which tend to act as havens in times of market distress, declined against the greenback, while the Australian dollar -- a proxy for risk and China-related news -- gained as much as 0.2%. The dollar slid as much as 0.5% against the offshore Chinese yuan. The market moves follow the conclusion of a high-stakes meeting between U.S. President Donald ... (full story)