U.S. Dollar Slips as Trade Talks Set to Resume Next Week
Wednesday, 24 July 2019 23:46 WIB | CURRENCIES |DOLLAR Indeks Dolar

The U.S. dollar fell on Wednesday after Treasury Secretary Steve Mnuchin said there were œa lot of issues regarding trade discussions with China.

Mnuchin said on CNBC that he and U.S. Trade Representative Robert Lighthizer will be in Shanghai next week for a two-day meeting that starts on Tuesday.

The U.S. dollar index, which measures the greenback™s strength against a basket of six major currencies, slipped 0.1% to 97.340 by 11:03 AM ET (15:03 GM).

The dollar fell against the Japanese yen, with USD/JPY down 0.2% to 108.03.

The euro recovered from an earlier low of 1.1131, fueled slightly by a weaker greenback, but still remained near two-month lows on expectations that the European Central Bank could pave the way for more monetary easing at its meeting on Thursday.

Source : Investing.com

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