Dollar Gains vs Franc, Yen as Mood Improves
Friday, 16 August 2019 15:27 WIB | CURRENCIES |DOLLAR YenSwissFranc

Risk sentiment returned to the foreign exchange markets early Friday in Europe, with the Swiss franc and yen retreating against the dollar, and the dollar retreating against the pound as a week of turbulent newsflow drew to a comparatively quiet close.

By 3:30 AM ET (07:30 GMT) the dollar index, which measures the greenback against a basket of developed market currencies, was at 98.078, up 0.1% from late Thursday in the U.S. and on track for a gain of around 0.7% on the week.

The dollar was also a fraction higher against the Chinese yuan, which showed little or no reaction to comments on Thursday by U.S. President Donald Trump that he expects a phone call with his opposite number Xi Jinping œquite soon to iron out some of their differences on trade.

Source : Investing.com

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